Updated Dec 19, 2023
Chad O’Connor Acquires Retail Property On Dennery Road In San Diego For $13.1M
756 Dennery Road, San Diego, California 92154, United States
$13,100,000
$181/SF
Building Size
72,390 SF
Asset Type
Retail
Closing
Oct 5, 2022
About this deal
AI
The retail property located at 756-804 Dennery Road in San Diego, CA has been involved in a loan transaction. The property spans approximately 72,390 square feet and is part of the local market in San Diego, CA.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $13,100,000
- Loan Type: Acquisition Loan
- Loan Terms: The loan is a seven-year, fixed-rate loan with a 5.125 percent interest rate and a 30-year amortization period.
- Loan-to-Value Ratio: 60%
The loan for the property was facilitated by Chad O'Connor from Marcus & Millichap Capital Corp. The loan amount was $13,100,000, and it was obtained for the purpose of acquiring the retail property. The loan has a fixed interest rate of 5.125 percent and a 30-year amortization period. The loan-to-value ratio is 60 percent.
San Diego Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Chad O’Connor to view all their deals.
Browse California retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.21%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93