Halanda LLC Acquires Office In Thousand Oaks For $1.7M
1000 Newbury Road, Thousand Oaks, Newbury Park, CA, USA
$1,725,000
$301/SF
Building Size
5,727 SF
Asset Type
Office
Closing
Jun 17, 2020
AI
The asset involved in this transaction is an office property located at 1000 Newbury Rd, Ste 180 & 185 in Thousand Oaks. The property was sold for $1,725,000, encompassing a total square footage of 5,727, with a price per square foot of $301.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,725,000
- Buyer: Halanda LLC
- Seller: Heart Center Building Management Group LLC
- Brokers: Richard Green, Martin Agnew & Ryan Serling
- Sale Date: 06/17/2021
The transaction was facilitated by Richard Green, Martin Agnew, and Ryan Serling, who represented the buyer Halanda LLC and the seller Heart Center Building Management Group LLC in this deal.
Players
Thousand Oaks Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93