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4100 Central Ave

RRA Capital Provides $3.22M Loan For Retail Property At 4100 Central Ave Riverside
FINANCEDRetail

RRA Capital Provides $3.22M Loan For Retail Property At 4100 Central Ave Riverside

4100 Central Ave & 6611 School Circle Dr.

$3,219,000

$27/SF

Building Size

115,500 SF

Asset Type

Retail

Closing

Jun 30, 2021

AI

The asset involved in the transaction is a retail property located at 4100 Central Ave in the Riverside market. The loan amount for this property totals $3,219,000.00.

Summary of transaction details:

The brokerage team represented in this deal includes Jonathan Hakakha from Quantum Capital Partners and Steven Yazdani from Nova Capital. They facilitated the transaction between the involved parties for the retail property situated at 4100 Central Ave.

Players

Steven Yazdani

Nova Capital

Broker

$116.5M

vol

4 deals

Broker
RRA Capital
RRA CapitalLender

Riverside 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

4.93%

Cash-on-Cash

-1.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93