Updated Dec 21, 2023
Net Lease Property In Buena Park Sold For $7.8M By The Neema Group
7611 Beach Boulevard, Buena Park, CA, USA
$7,888,000
$2,347/SF
Building Size
3,360 SF
Asset Type
Other
Closing
Jun 13, 2019
About this deal
AI
Located at 7611 Beach Boulevard in Buena Park, this net lease property was sold on June 14, 2019. The transaction was facilitated by Neema Ahadian of The Neema Group. The property spans 3,360 square feet and was sold for a total price of $7,888,000, resulting in a price per square foot of $2,347.62.
Summary of transaction details
- Property Type: Net Lease
- Transaction Amount: $7,888,000
- Address: 7611 Beach Boulevard, Buena Park
- Market: Buena Park
- Square Footage: 3,360
- Price Per Square Foot: $2,347.62
- Broker: Neema Ahadian - The Neema Group
The sale of this net lease property marks a significant transaction in the Buena Park market. Neema Ahadian, representing The Neema Group, played a key role in facilitating the deal.
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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93