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303 East Foothill Boulevard...

Eric Cohen And Andy Chana Of Azusa Acquires Retail Condo In Azusa For $10.4M
SOLD

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

Eric Cohen

Broker

$31M

vol

8 deals

Broker

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