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1096 N Main St

Updated Nov 24, 2023

Red Hot Properties Facilitates $3.8M Sale Of Commercial Property In Orange
SOLDCommercial

Red Hot Properties Facilitates $3.8M Sale Of Commercial Property In Orange

1096 N Main St

$3,800,000

$377/SF

Building Size

10,080 SF

Asset Type

Commercial

Closing

Feb 14, 2023

About this deal

AI

An office building located at 1096 N Main St in Orange has been sold for $3,800,000. The property, measuring 10,080 square feet, was listed on the market for sale. Siavosh “Sam” Ardalan of Red Hot Properties represented the seller in this transaction.

Summary of transaction details

  • Property Type: Commercial
  • Transaction Amount: $3,800,000
  • Address: 1096 N Main St
  • Market: Orange

This sale transaction was facilitated by Siavosh “Sam” Ardalan, a broker from Red Hot Properties. Ardalan played a crucial role in representing the seller and ensuring a successful deal.

Players

Siavosh “Sam” Ardalan

Broker

$3.8M

vol

1 deal

Broker

Orange Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Deal FAQ

About $377 per square foot on a published $3.8M for 10,080 square feet (2023).

Visit Siavosh “Sam” Ardalan to view all their deals.

Browse Orange commercial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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