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5153 Holt Blvd, Montclair, ...

CBRE Represents Sale Of Office Property In Montclair For $3.8M
SOLDOffice

CBRE Represents Sale Of Office Property In Montclair For $3.8M

5153 Holt Blvd, Montclair, CA, USA

$3,800,000

$305/SF

Building Size

12,453 SF

Asset Type

Office

Closing

Jan 26, 2021

AI

Located at 5153 Holt Blvd. in Montclair, this office property was recently sold for a price of $3,800,000. Spanning over 12,453 square feet, the property offers ample space for various office needs. The price per square foot comes to approximately $305, reflecting the value of this asset. The sale of this office property was facilitated by Sammy Cemo, Anthony DeLorenzo, Gary Stache, Doug Mack, Bryan Johnson, and John Oien of CBRE.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,800,000
  • Square Footage: 12,453
  • Price per Square Foot: $305
  • Address: 5153 Holt Blvd.
  • Market: Montclair

The involvement of Sammy Cemo, Anthony DeLorenzo, Gary Stache, Doug Mack, Bryan Johnson, and John Oien from CBRE highlights the esteemed representation present throughout the transaction. Their expertise and guidance contributed to the successful sale of this office property.

Players

Bryan Johnson

CBRE

Broker

$763.9M

vol

49 deals

Broker

Montclair 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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93