SOLDOffice
Spectrum Commercial Real Estate Inc. Sells Office Building In Santa Clarita For $7.1M
25101 The Old Road
$7,100,000
$303/SF
Building Size
23,388 SF
Asset Type
Office
Closing
Sep 30, 2022
AI
An office property located at 25101 The Old Rd in Santa Clarita was recently sold for $7,100,000. The property spans a total area of 23,388 square feet, resulting in a price per square foot of $304.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,100,000
- Address: 25101 The Old Rd
- Market: Santa Clarita
- Broker: Matt Sreden - Spectrum Commercial Real Estate Inc.
- Square Footage: 23,388
- Price Per Square Foot: $304
Matt Sreden from Spectrum Commercial Real Estate Inc. represented the seller in this deal.
Stevenson Ranch 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
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93