White Lotus Creations LLC Acquires Retail Property In Phoenix, AZ For $1.4M
5030 East Warner Road, Phoenix, Arizona 85044, United States
$1,400,000
$270/SF
Building Size
5,175 SF
Asset Type
Retail
Closing
Aug 29, 2022
About this deal
AI
A retail property located at 5030 E Warner Rd in Phoenix, AZ has been sold. The property spans 5,175 square feet and was sold for a price of $1,400,000, resulting in a price per square foot of $271.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,400,000
- Square Footage: 5,175
- Address: 5030 E Warner Rd, Phoenix, AZ
- Market: Phoenix, AZ
White Lotus Creations LLC, represented by John D. Myler, acted as the buyer in this transaction.
The retail sale at 5030 East Warner Road, Phoenix, Arizona 85044, United States in Phoenix, Arizona sold for $1.4M in 2022. The building is 5,175 square feet, implying about 270 per square foot on the published price. This page is the Phoenix, Arizona file for the 5030 East Warner Road, Phoenix, Arizona 85044, United States retail sold: pricing, party profiles, and other closed retail comps from the same Phoenix sit in the Market section below. Filter that Phoenix retail set by closing date to see what else sold near 5030 East Warner Road, Phoenix, Arizona 85044, United States around 2022. Published consideration for 5030 East Warner Road, Phoenix, Arizona 85044, United States is $1.4M, dated 2022. Cite this White Lotus Creations LLC Acquires Retail Property In Phoenix, AZ For $1.4M sale when underwriting similar retail product around Phoenix, Arizona.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93