Updated Oct 29, 2024
Golden Top Acquires Office Building In Tustin For $3.2M
17772 Irvine Blvd, Tustin, CA 92780, USA
$3,200,000
$200/SF
Building Size
16,000 SF
Asset Type
Office
Closing
May 4, 2020
About this deal
AI
Golden Top has acquired an office property located at 17772 Irvine Blvd in Tustin. The property spans 16,000 square feet and was sold for a price of $3,200,000, resulting in a price per square foot of $200. The transaction took place on 05/05/2020.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,200,000
- Address: 17772 Irvine Blvd, Tustin
- Square Footage: 16,000
- Price per Square Foot: $200
The brokerage firm NAI Capital, represented by Steven Ehrich and John Bosko, assisted in the transaction between Golden Top and the seller, R&B Investment.
On the Map
$3,200,000
$200/SF
Office
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Tustin 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93