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
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