Private Investor Acquires Net-Leased Retail Property In Peoria, AZ For $3.1M
9156 West Peoria Avenue
$3,100,000
$240/SF
Building Size
12,900 SF
Asset Type
Retail
Closing
Nov 14, 2023
About this deal
AI
A private investor has purchased a net-leased retail property located at 9156 West Peoria Avenue in Peoria, AZ, for a total sale price of $3,100,000. The property spans 12,900 square feet, resulting in a price per square foot (PPSF) of $240.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,100,000
- Address: 9156 West Peoria Avenue, Peoria, AZ
- Market: Peoria, AZ
The transaction was facilitated by Chris Lund, Mark Ruble, and Nick Christifulli of Marcus & Millichap.
Players
Peoria Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Mark Ruble to view all their deals.
Browse Arizona retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93