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property record · Retail

15-251 Ranch Drive

Commercial property in Milpitas, Santa Clara County, California. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: RetailSQ FT: 265,994BUILT: 1994Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/3f2742c5-423d-4e3b-aa75-3e326125fd2c

Operating income

As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.

As ofNOIRevenueExpensesDSCRSource
2025-12-314,413,3346,391,2341,977,9002.62evidence →
2025-06-304,301,6796,328,4312,026,7522.55evidence →
2024-12-314,426,8926,405,3411,978,4492.63evidence →
2024-09-304,484,8796,523,7452,038,8662.66evidence →
2024-06-302,708,6934,213,6381,504,9451.61evidence →
2023-09-303,853,3885,362,5881,509,2002.86evidence →
2022-12-314,098,1645,873,1201,774,9562.43evidence →
2022-09-303,040,4424,446,2091,405,7672.26evidence →
2022-06-303,740,1955,462,2961,722,1002.35evidence →
2021-12-313,373,0935,117,4351,744,3421.50evidence →
2020-12-313,740,0565,318,5251,578,4682.22evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001856967", "entity_ref": "54f2ae37-1346-41f5-880f-a70f817a39fd", "originator": "SMC", "trust_evidence →
loan payment status{"label": "Current", "value": "0", "loan_id": "47"}evidence →
address{"zip": "95035", "city": "Milpitas", "state": "CA", "county": "Santa Clara", "address": "15-251 Ranch Drive"}evidence →
occupancy{"basis": "most_recent", "value": 0.8805}evidence →
sqft{"basis": "most_recent", "value": 265994}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Retail", "value": "RT"}evidence →
units{"basis": "most_recent", "value": 0}evidence →
valuation{"basis": "securitization", "amount": 74400000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1994}evidence →