Updated Dec 21, 2023
The Neema Group Acquires NNN Property In Buena Park For $4.16M
7575 Beach Boulevard, Buena Park, CA, USA
$4,160,000
$676/SF
Building Size
6,150 SF
Asset Type
Other
Closing
Aug 8, 2019
About this deal
AI
The property involved in the transaction is located at 7575 Beach Boulevard in Buena Park. It is a NNN asset type. The sale took place on 08/09/2019.
Summary of transaction details:
- Property Type: NNN
- Transaction Amount: $4,160,000
- Square Footage: 6,150
- Price per Square Foot: $676
- Address: 7575 Beach Boulevard, Buena Park
- Market: Buena Park
The buyer was represented by Neema Ahadian from The Neema Group. Neema Ahadian also represented the buyer in the recent purchase of the adjacent property leased to Starbucks.
Buena Park 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
3.81%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93