Bershire Hathaway Home Services Acquires Retail Property On 110 E Holly St In Pasadena For $6M
110 Holly Street, Pasadena, California 91103, United States
$6,000,000
$1,000,000/SF
Building Size
6 SF
Asset Type
Retail
Closing
Feb 1, 2023
AI
The retail property located at 110 E Holly Street in Pasadena has been sold for $6,000,000. The transaction took place on January 2, 2023. The property spans 6,612 square feet and has a price per square foot (PPSF) of $907.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,000,000
- Square Footage: 6,612
- Price Per Square Foot: $907
- Address: 110 E Holly Street, Pasadena
- Market: Pasadena
The buyer's representatives for this transaction were Lane Aronson and David Lao from Berkshire Hathaway Home Services. On the other hand, the seller's representatives were Dan Bacani from Lee & Associates and Nick Peukpiboon from Daum Commercial Real Estate.
Players
Pasadena 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93