SOLD
Katella Star Plaza Acquires Retail Property On W. Katella Ave. In Garden Grove For $33.5M
10870 West Katella Avenue
Retail
89,559 SF
89,559 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Retail
89,559 sqft
An 89,559 square foot retail property located at 10870 W. Katella Ave. in Garden Grove has been sold for $33,500,000. The property, known as Katella Star Plaza, was sold by Red Mountain Group & KAT GG DE LLC to an undisclosed buyer. The sale price translates to a price per square foot of $374 and a capitalization rate of 5.8%.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $33,500,000
- Market: Garden Grove
- Address: 10870 W. Katella Ave.
The sale of Katella Star Plaza was facilitated by the following brokers: Sheri Messerlian from NAI Capital Commercial and John Read from CBRE.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Sheri Messerlian & John Read
DATE: 12/16/2021
ADDRESS: 10870 W. Katella Ave.
MARKET: Garden Grove
ASSET TYPE: Retail
BUYER: Katella Star Plaza
SELLER: Red Mountain Group & KAT GG DE LLC
BROKERS: Sheri Messerlian - NAI Capital Commercial; John Read - CBRE
SALE PRICE: $33,500,000
SF: 89,559 ~ PPSF: $374
CAP: 5.8%View on map
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Address10870 West Katella Avenue
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