Sprouts Farmers Market
A retail property in San Jose, California. Securitized in 1 CMBS deal in 2017.
$107.6MAppraised value (latest deal)
95.3%Occupancy
$4.9MUnderwritten NOI
4.6%Implied cap rate
- Address
- 1028, 32, 36, 38, 58, 68, 78, 88, 98 East Brokaw Road, San Jose, CA 95131
- Property type
- Retail · Anchored
- Year built
- 2016
- Size
- 143,479 SF
- Sponsor
- David B. Dollinger
- Loan purpose
- Refinance
- Largest tenant
- Sprouts Farmers Market
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2017-BNK5 | 2017-06-29 | $107.6M | 95.3% | $4.9M | 4.6% | $56.0M | 52.0% | 1.47x | 424B |
More CMBS properties in California →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.