Arizona MSK & Garvin Holdings Acquires Retail Property In Glendale, AZ For $3.9M
9250 North 43rd Avenue, Glendale, Arizona 85302, United States
$3,900,000
$129/SF
Building Size
30,040 SF
Asset Type
Retail
Closing
Sep 6, 2022
About this deal
AI
Located at 9250 N 43rd Ave in Glendale, AZ, this retail property recently changed hands in a sale transaction. The property spans approximately 30,040 square feet and was sold for a total price of $3,900,000, resulting in a price per square foot of $130. The transaction took place on September 7, 2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,900,000
- Address: 9250 N 43rd Ave, Glendale, AZ
- Market: Glendale, AZ
The buyer in this transaction is Arizona MSK & Garvin Holdings, while the seller is 43rd Ave LLC. The deal was facilitated by Matt Harper from NAI Horizon, who served as the broker representing the parties involved.
On the Map
$3,900,000
$129/SF
Retail
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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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93