Updated Dec 21, 2023
Vivek Bansal & Sonia Bansal Acquire Porter Ranch Retail Property For $8.7M
11460 Porter Ranch Drive, Porter Ranch, CA 91326
$8,725,000
$183/SF
Building Size
47,566 SF
Asset Type
Retail
Closing
Oct 15, 2021
About this deal
AI
11460 Porter Ranch, located in Porter Ranch, was recently sold in a retail transaction. The property spans 47,566 square feet and was sold for a price of $8,725,000, resulting in a price per square foot of $183. The transaction took place on October 15, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,725,000
- Address: 11460 Porter Ranch, Porter Ranch
- Market: Porter Ranch
The property was purchased by Vivek Bansal and Sonia Bansal, while the seller was Britt Sanchez. The deal was facilitated by Brandon Michaels and Matthew Luchs from Marcus & Millichap.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Matthew Luchs to view all their deals.
Browse Los Angeles retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93