SOLDRetail
Bob Best Of Westar Associates Sells Retail Property At 102 West Foothill Boulevard In Monrovia
102 West Foothill Boulevard
Building Size
96,380 SF
Asset Type
Retail
Closing
Mar 13, 2025
AI
The property asset involved in this transaction is a retail space located at 102 West Foothill Boulevard in the Monrovia market. It encompasses a total square footage of 96,380.0 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 102 West Foothill Boulevard
- Market: Monrovia
- Seller: Bob Best - Westar Associates
The deal was facilitated by brokers Pete Bethea, Rob Ippolito, and Glenn Rudy, all representing Newmark in this transaction.
Players
Monrovia 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93