Santa Cruz Seaside Company Acquires Retail Property In Goodyear, AZ For $41M
SOLD
$41,000,000
Arizona
See Similar DealsRetail
Sold 09/21/2022
SOLD
Santa Cruz Seaside Company Acquires Retail Property In Goodyear, AZ For $41M
South Cotton Lane and West Yuma Road, Goodyear, Arizona 85338, United States
See Similar DealsRetail
Sold 09/21/2022
Summary
ARIZONA
Asset Type:Retail
Transaction Type:Sale
The retail property located at S Cotton Ln & W Yuma Rd in Goodyear, AZ has been sold for a price of $41,000,000. The property spans across 90 acres, making it a considerable investment in the area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $41,000,000
- Address: S Cotton Ln & W Yuma Rd, Goodyear, AZ
- Market: Goodyear, AZ
- Buyer: Santa Cruz Seaside Company
- Seller: TriGate Capital
The Santa Cruz Seaside Company has purchased the retail property from TriGate Capital. This deal represents a significant transaction in the Goodyear, AZ market and demonstrates the strong interest in retail assets in the area.
Players
SELLER
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
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)
$2,186,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$145,664.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$194,360.92
Annual Debt Service$2,332,331.01
Is there something missing? Send suggestions