Mark Ruble & Chris Lind Of Marcus & Millichap Sell Retail Property In Glendale, AZ For $1.748M
5760 West Peoria Avenue, Glendale, Arizona 85302, United States
$1,748,000
$657/SF
Building Size
2,658 SF
Asset Type
Retail
Closing
Dec 28, 2021
About this deal
AI
The retail property located at 5760 W. Peoria Avenue in Glendale, AZ, was recently sold for a total price of $1,748,000. The transaction took place on 12/28/2021 and involved a property with a total square footage of 2,658. The price per square foot for this sale was $658. The property was listed by Mark Ruble & Chris Lind from Marcus & Millichap.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,748,000
- Square Footage: 2,658
- Price Per Square Foot: $658
- Date of Transaction: 12/28/2021
- Address: 5760 W. Peoria Avenue, Glendale, AZ
- Brokers: Mark Ruble & Chris Lind - Marcus & Millichap
This successful retail property transaction was facilitated by Mark Ruble & Chris Lind from Marcus & Millichap. They represented the sellers and ensured a smooth sale process for this property.
Players
Glendale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.07%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93