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105 Dorset Drive

Marcus & Millichap Facilitates Sale Of Retail Building In Dixon For $3.6 Million
SOLDRetail

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

Michael Grandstaff

Marcus & Millichap

Broker

$5.7M

vol

2 deals

Broker

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