Eric Cohen And Andy Chana Of Azusa Acquires Retail Condo In Azusa For $10.4M
SOLD
$10,400,000
California
See Similar Deals60,122 SF
Sold 01/31/2019
SOLD
Eric Cohen And Andy Chana Of Azusa Acquires Retail Condo In Azusa For $10.4M
303 East Foothill Boulevard, Monrovia, CA 91016, USA
See Similar Deals60,122 SF
Sold 01/31/2019
Summary
CALIFORNIA
Price Per Square Foot:$173
Total Square Footage:60,122 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$554,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$36,949.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,301.31
Annual Debt Service$591,615.67
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