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Ben Eisler Of Baco Properties Acquires Stadium Centre Office Building In Anaheim For $19.7M
SOLD
$19,700,000
+ 2
California
See Similar DealsOffice124,000 SF
Sold
SOLD
Ben Eisler Of Baco Properties Acquires Stadium Centre Office Building In Anaheim For $19.7M
2099 South State College Boulevard
See Similar DealsOffice124,000 SF
Sold
+ 2
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$158
Total Square Footage:124000 SF
Transaction Type:Sale
The Stadium Centre office building located at 2099 South State College Boulevard in Anaheim has been sold for $19.7 million. This property features a total square footage of 124,000 and a price per square foot of $159.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $19,700,000
- Address: 2099 South State College Boulevard
- Market: Anaheim
- Square Footage: 124,000
- Price per Square Foot: $159
- Buyer: Ben Eisler - Baco Properties
- Broker Representation: Kevin Shannon, Paul Jones, Ken White & Brandon White - Newmark
Newmark’s team, consisting of Kevin Shannon, Paul Jones, Ken White, and Brandon White, represented the undisclosed seller in this transaction. The seller previously acquired the property for $28.8 million in 2018.
Players
BROKERAGE
BUYER
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,050,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$69,989.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$93,388.05
Annual Debt Service$1,120,656.61
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