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Vanessa Haddad Sells Retail Asset At Shops At Sonora Crossroads For $6.11M In Sonora CA

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SOLD
$6,112,000

California

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Retail40,650 SF
Sold 10/18/2024
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Property Image
SOLD

Vanessa Haddad Sells Retail Asset At Shops At Sonora Crossroads For $6.11M In Sonora CA

1101 Sanguinetti Road & 1191 Sanguinetti Road

See Similar Deals
Retail40,650 SF
Sold 10/18/2024
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:40,650 SF
Transaction Type:Sale

The asset involved in this transaction is a retail property located at Shops at Sonora Crossroads - 1101 -1191 Sanguinetti Road, Sonora, CA. The property encompasses a total square footage of 20,325 and was transacted for a sale price of $6,112,000, resulting in a price per square foot of $300.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,112,000
  • Sale Date: 10/18/2024
  • Broker: Vanessa Haddad
  • Market: Sonora, CA

Vanessa Haddad represented the transaction as the broker, facilitating the sale of the retail property in Sonora, CA. The brokerage played a crucial role in the completion of this transaction.

Players

Vanessa Haddad
19 deals$112.1M volume(909) 575-0000
BROKER

Details

SOLD
IMAGE: Vanessa Haddad DATE: 10/18/2024 ADDRESS: Shops at Sonora Crossroads - 1101 -1191 Sanguinetti Road MARKET: Sonora, CA ASSET TYPE: Retail BROKER: Vanessa Haddad (@Vmmhddd) SALE PRICE: $6,112,000 SF: 20,325 ~ PPSF: $300

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$325,973.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,714.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,974.00
Annual Debt Service$347,687.98