George Pearson Acquires Chevron Extra Mile Retail Asset In Anaheim From Kiran Jay For $3.95M
SOLD
$3,952,000
California
See Similar DealsRetail3,952,000 SF
Sold 08/07/2025
SOLD
George Pearson Acquires Chevron Extra Mile Retail Asset In Anaheim From Kiran Jay For $3.95M
1000 North State College Boulevard
See Similar DealsRetail3,952,000 SF
Sold 08/07/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1
Total Square Footage:3,952,000 SF
Transaction Type:Sale
The asset involved in the transaction is a retail property located at 1000 North State College Boulevard, Anaheim. The sale was completed for a price of $3,952,000. The property is characterized as Chevron Extra Mile - Business Only.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,952,000
- Buyer: George Pearson
- Seller: Kiran Jay
- Broker: Arian Zerehi - Maher Commercial Real Estate
The broker, Arian Zerehi, noted that this transaction broke records and mentioned providing exclusive off-market deals and confidential valuations for potential buyers and sellers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$210,773.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,040.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,734.50
Annual Debt Service$224,813.95
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