MCA Realty Acquires Retail Property In Sedona, AZ For $12.5M
671 AZ-179, Sedona, AZ 86336, United States
$12,500,000
$357/SF
Building Size
35,000 SF
Asset Type
Retail
Closing
Oct 12, 2022
AI
The retail property located at 671 AZ-179 in Sedona, AZ has been sold for a total price of $12,500,000. The property spans across 35,000 square feet and was sold at a rate of $357 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,500,000
- Square Footage: 35,000
- Price per Square Foot: $357
MCA Realty has acquired the property. The deal was facilitated by Tracy Cartledge, Bob Buckley, Shane Carter & Chris Hollenbeck from Cushman & Wakefield.
Players
Sedona Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93