Big V Property Group Acquires Retail Property In Peoria, AZ For $50.5M
SOLD
$50,500,000
Arizona
See Similar DealsRetail
Sold 08/10/2022
SOLD
Big V Property Group Acquires Retail Property In Peoria, AZ For $50.5M
9947 West Happy Valley Road, Peoria, Arizona 85383, United States
See Similar DealsRetail
Sold 08/10/2022
Summary
ARIZONA
Asset Type:Retail
Transaction Type:Sale
The retail property located at 9947 W Happy Valley Rd in Peoria, AZ has been sold for a total of $50,500,000. The transaction took place on 08/10/2022.
Summary of transaction details
- Property Type: Retail
- Sale Price: $50,500,000
- Address: 9947 W Happy Valley Rd, Peoria, AZ
- Market: Peoria, AZ
The buyer of the property was Big V Property Group, while the seller was ShopCore.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,693,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$179,415.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$239,395.76
Annual Debt Service$2,872,749.17
Is there something missing? Send suggestions