Jeff Lefko & Bill Asher Sell Retail Property In Tehachapi, CA For $6.4M
SOLD
$6,400,000
California
See Similar DealsRetail14,560 SF
Sold 06/27/2022
SOLD
Jeff Lefko & Bill Asher Sell Retail Property In Tehachapi, CA For $6.4M
1091 West Tehachapi Boulevard, Tehachapi, California 93561, United States
See Similar DealsRetail14,560 SF
Sold 06/27/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$439
Total Square Footage:14,560 SF
Transaction Type:Sale
A retail property located at 1091 W. Tehachapi Blvd. in Tehachapi has been sold for $6,400,000. The property spans 14,560 square feet, resulting in a price per square foot of $439. The sale took place on June 27, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,400,000
- Address: 1091 W. Tehachapi Blvd.
- Market: Tehachapi
- Buyer's Representative: Chris Spirito - Stafford Commercial Real Estate
- Seller's Representatives: Bill Asher & Jeff Lefko - Hanley Investment Group Real Estate Advisors
- Square Footage: 14,560
- Price Per Square Foot: $439
Chris Spirito from Stafford Commercial Real Estate represented the buyer in this transaction, while Bill Asher and Jeff Lefko from Hanley Investment Group Real Estate Advisors represented the seller.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$341,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,737.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,339.27
Annual Debt Service$364,071.18
Is there something missing? Send suggestions
