Eric Cohen And Andy Chana Of Azusa Acquires Retail Condo In Azusa For $10.4M
303 East Foothill Boulevard, Monrovia, CA 91016, USA
$10,400,000
$173/SF
Building Size
60,122 SF
Asset Type
—
Closing
Jan 30, 2019
AI
A retail condo located at 303 E Foothill Blvd in Azusa has been sold for $10.4 million. The transaction took place on January 31, 2019. The property spans across 60,122 square feet, resulting in a price per square foot of $172. The deal was facilitated by brokers Eric Cohen and Andy Chana.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: $10.4 million
- Address: 303 E Foothill Blvd, Azusa
- Market: Azusa
- Square Footage: 60,122
- Price Per Square Foot: $172
Eric Cohen and Andy Chana, representing their respective agencies, played pivotal roles in the sale transaction of the retail condo at 303 E Foothill Blvd in Azusa.
Players
Monrovia CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93