First Financial Capital Provides $4.34M Acquisition Loan For Retail Property In Torrance
FINANCED
$4,340,000
California
See Similar DealsRetail19,524 SF
Financed
FINANCED
First Financial Capital Provides $4.34M Acquisition Loan For Retail Property In Torrance
3900 Sepulveda Blvd Torrance, CA 90505, USA
See Similar DealsRetail19,524 SF
Financed
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$222
Total Square Footage:19524 SF
Transaction Type:Loan
The property involved in this transaction is a retail asset located at 3900 West Sepulveda Boulevard in Torrance. The property spans 19,524 square feet, making it a spacious option for retail operations in the area. The transaction took place on September 8, 2023, with Faraz Ghadooshahy and Chandler Kelley handling the negotiations.
Summary of transaction details
- Property Type: Retail
- Square Footage: 19,524
- Address: 3900 West Sepulveda Boulevard, Torrance
- Market: Torrance
- Lender: Faraz Ghadooshahy - First Financial Capital
- Landlord: Mohammed Mohammed
- Broker: Chandler Kelley - Retail Link Associates
The focus of this deal was an acquisition loan obtained by the buyer. The loan amount for this transaction was $4,340,000. The loan terms included a duration of 1 year with the option for 2 free annual renewals. It is an interest-only loan with no prepayment penalties. This loan will provide the necessary financial support for the buyer to complete the acquisition of the retail property on Sepulveda Boulevard.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,340,000.00
Monthly NOI$28,933.33
Monthly Debt Service$27,431.75
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions