Marcus & Millichap Facilitates Sale Of Retail Building In Dixon For $3.6 Million
105 Dorset Drive
$3,600,000
$274/SF
Building Size
13,132 SF
Asset Type
Retail
Closing
May 13, 2024
AI
A retail building located at 105 East Dorset Drive in Dixon, CA, has been sold for $3.6 million. The asset encompasses 13,132 square feet of retail space and is situated southwest of Sacramento. The property was transferred between private investors in this transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,600,000
- Square Footage: 13,132 SF
- Price per Square Foot: $274
- Address: 105 East Dorset Drive
- Market: Dixon
The sale transaction was facilitated by Marcus & Millichap, with Michael Grandstaff and Christopher Hurd representing both parties involved in the deal. The involvement of these brokers ensured a smooth transaction process for the two private investors.
Players
Dixon 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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93