Updated Dec 21, 2023
Donald K. Hall Acquires Retail Property In Martinez, CA For $4.35M
1045 Arnold Drive, Martinez, California 94553, United States
$4,350,000
$1,000/SF
Building Size
4,346 SF
Asset Type
Retail
Closing
Jun 12, 2022
About this deal
AI
The retail property located at 1041-1045 Arnold Dr in Martinez, CA recently sold for $4,350,000. The transaction took place on June 13, 2022. The property spans a total of 4,346 square feet, resulting in a price per square foot of $1,000.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $4,350,000
- Address: 1041-1045 Arnold Dr, Martinez, CA
- Market: Martinez, CA
- Square Footage: 4,346
- Price per Square Foot: $1,000
- Buyer: Donald K. Hall
- Seller: William Schrader Jr
Donald K. Hall was the buyer in this transaction, while William Schrader Jr acted as the seller. Both parties successfully completed the sale, with the buyer acquiring the retail property for the aforementioned price.
Players
Martinez 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
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93