Marcus & Millichap Sells Winnetka Retail Property For $1.1M With Floyd Shaheen & Emily Shikhvarger
20442 Sherman Way, Winnetka, CA 91306, USA
$1,100,000
$458/SF
Building Size
2,400 SF
Asset Type
Other
Closing
Jul 26, 2020
AI
The property at 20442 Sherman Way in Winnetka has been sold for $1,100,000. This retail asset spans across 2,400 square feet, resulting in a price per square foot of $458.33.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,100,000
- Address: 20442 Sherman Way
- Market: Winnetka
- Square Footage: 2,400
- Price per Square Foot: $458.33
Floyd Shaheen and Emily Shikhvarger facilitated the deal as the brokers involved in this transaction.
Additional notes about the deal include a 20-year history at the location and an all-cash buyer. The buyer had a 14-day inspection period to assess the property.
Floyd Shaheen can be reached directly at 818-212-2667 or via email at [email protected].
Players
Los Angeles Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93