Equitas Investments Sells Santa Maria And Fresno Retail Properties For $3.4M
1104 South Blosser Road, Santa Maria, CA, USA
$3,400,000
$482/SF
Building Size
7,053 SF
Asset Type
Retail
Closing
Dec 21, 2020
AI
The retail property located at 1104 S. Blosser Road and 2414-2418 N. Fruit Ave in Santa Maria, Fresno was recently sold for a price of $3,400,000. The property spans a total of 7,053 square feet, resulting in a price per square foot of $482. The transaction took place on 12/22/2020.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,400,000
- Address: 1104 S. Blosser Road, 2414-2418 N. Fruit Ave
- Market: Santa Maria, Fresno
- Square Footage: 7,053
- Price per Square Foot: $482
The seller in this transaction was Equitas Investments. Jeremy McChesney from Hanley Investment Group, Luc Hawkshaw from Apex Partners, and Sandra Miller from Engel & Volkers represented the seller as brokers.
Players
Santa Maria Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93