Updated Dec 21, 2023
John Bagdasarian Acquires Sylmar Retail Property For $1.2M From Seller Charles Henderson
12202 Foothill Blvd
Building Size
—
Asset Type
—
Closing
Sep 15, 2022
About this deal
AI
A retail property located at 12202 Foothill Blvd. in Sylmar has been sold for $1,200,000. The property spans 4,160 square feet, resulting in a price per square foot of $288. The transaction took place on 07/22/2022, with John Bagdasarian as the buyer and Charles Henderson as the seller.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,200,000
- Address: 12202 Foothill Blvd.
- Market: Sylmar
- Square Footage: 4,160
- Price Per Square Foot: $288
The deal was facilitated by two brokers. Blas Fernandez from Blas Property Group represented the buyer, John Bagdasarian, while Giovanny Kirakossian from JohnHart Real Estate represented the seller, Charles Henderson.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93