Updated Dec 21, 2023
CBRE Brokers Acquire Retail Property In Lompoc, CA For $9.7M
1009 North H Street, Lompoc, California 93436, United States
$9,700,000
$88/SF
Building Size
109,803 SF
Asset Type
Retail
Closing
Jan 23, 2022
About this deal
AI
Located at 1009 N H St in Lompoc, CA, this retail property was recently sold in a closed transaction. The property spans 109,803 square feet and was sold for a price of $9,700,000, resulting in a price per square foot of $88. The sale was facilitated by brokers Ken McLeod, Alex Vasquez, and Patrick Ylagan from CBRE.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $9,700,000
- Square Footage: 109,803
- Price per Square Foot: $88
- Brokers: Ken McLeod, Alex Vasquez & Patrick Ylagan - CBRE
The successful sale of this retail property was made possible by the expertise and efforts of brokers Ken McLeod, Alex Vasquez, and Patrick Ylagan from CBRE. They played a significant role in facilitating the transaction and ensuring a smooth process for all parties involved.
Players
Lompoc Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93