Updated Dec 18, 2023
FINANCEDRetail
Jeffrey Erickson Acquires Retail Property In Walnut Creek For $4.8M
1270 Arroyo Way, Walnut Creek, California 94596, United States
$4,800,000
$790/SF
Building Size
6,073 SF
Asset Type
Retail
Closing
Jun 16, 2022
About this deal
AI
A retail property located at 1270 Arroyo Way in Walnut Creek, CA has been sold for a total price of $4,800,000. The property spans 6,073 square feet and was sold at a price per square foot of $790.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,800,000
- Square Footage: 6,073
- Price per Square Foot: $790
- Address: 1270 Arroyo Way, Walnut Creek, CA
- Market: Walnut Creek, CA
The buyer of the property is Jeffrey Erickson, while the seller is Patricia L Austin.
Players
Walnut Creek Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93