580 Inland Center LLC Acquires Other Property In San Bernardino For $4.1M
580 Inland Center Dr, San Bernardino, CA, USA
$4,100,000
$25/SF
Building Size
161,172 SF
Asset Type
Other
Closing
May 8, 2019
AI
The property involved in this transaction is located at 580 Inland Center Dr in the San Bernardino market. It has a sale price and asking price of $4,100,000 and encompasses a total square footage of 161,172. The asset type is categorized as other and is noted as a Harbor Freight Retail Anchored Shopping Center.
Summary of transaction details:
- Property Type: Other
- Transaction Amount: $4,100,000
- Address: 580 Inland Center Dr
- Market: San Bernardino
- Seller: Mill Capital LLC
- Buyer: 580 Inland Center LLC
- Broker: Eric Cohen
Eric Cohen acted as the broker representing both the buyer and the seller in this transaction, facilitating the acquisition of the property by 580 Inland Center LLC from Mill Capital LLC.
Players
San Bernardino Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93