Fabulous Smiles Acquires Retail Property In Phoenix, AZ For $5.4M
4910 East Chandler Boulevard, Phoenix, Arizona 85044, United States
$5,400,000
Building Size
—
Asset Type
Retail
Closing
Aug 29, 2022
About this deal
AI
Fabulous Smiles has acquired a retail property located at 4910 E Chandler Blvd in Phoenix, AZ. The property spans across 2.2 acres and was sold for a total price of $5,400,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,400,000
- Address: 4910 E Chandler Blvd, Phoenix, AZ
- Market: Phoenix, AZ
- Acres: 2.2
This acquisition by Fabulous Smiles marks a significant step for the company in expanding its presence in the retail sector. The deal highlights their commitment to growth and investment in the Phoenix market.
Players
Phoenix Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93