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ORION Investment Real Estate Brokers $9.8M Retail Sale In Goodyear, Arizona

Property Image
SOLD
$9,800,000
Michael Achtman
Jennifer Eggert
+ 1

Arizona

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Retail62,000 SF
Sold 11/23/2021
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Property Image
SOLD

ORION Investment Real Estate Brokers $9.8M Retail Sale In Goodyear, Arizona

13530 West Van Buren Street, Goodyear, Arizona, USA

See Similar Deals
Retail62,000 SF
Sold 11/23/2021
Michael Achtman
Jennifer Eggert
+ 1
Contact now

Summary

ARIZONA
Asset Type:Retail
Price Per Square Foot:$158
Total Square Footage:62,000 SF
Transaction Type:Sale

The retail property located at 13530-13560 West Van Buren Street in Goodyear, Arizona has been sold for a price of $9,800,000. This property spans across 62,000 square feet, resulting in a price per square foot of $158.

Summary of transaction details

The deal was facilitated by the brokerage team comprising of Ari Spiro, Sean Stutzman, Michael Achtman, and Jennifer Eggert from ORION Investment Real Estate.

No additional information is available regarding the property or the transaction.

Players

1 deal$9.8M volume
BROKER

Sean Stutzman
1 deal$9.8M volume
BROKER

Michael Achtman
1 deal$9.8M volume
BROKER

Jennifer Eggert
1 deal$9.8M volume
BROKER

Details

SOLD
IMAGE: Ari Spiro, Sean Stutzman, Jennifer Eggert & Michael Achtman DATE: 11/23/2021 ADDRESS: 13530-13560 West Van Buren Street MARKET: Goodyear, Arizona ASSET TYPE: Retail BROKERS: Ari Spiro, Sean Stutzman, Michael Achtman & Jennifer Eggert - ORION Investment Real Estate SALE PRICE: $9,800,000 SF: 62,000 ~ PPSF: $158

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$522,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$34,817.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,457.00
Annual Debt Service$557,484.00