Colomar Partnership Sells Retail Property In Pasadena For $9.4M
1155 East Colorado Boulevard, Pasadena, California 91106, United States
$9,400,000
Building Size
—
Asset Type
Retail
Closing
Sep 18, 2022
AI
The retail property located at 1155 E Colorado Blvd in Pasadena was recently sold for a price of $9,400,000. The transaction took place on 09/19/2022 and involved the seller, Colomar Partnership.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,400,000
- Address: 1155 E Colorado Blvd, Pasadena
- Market: Pasadena
The sale of this retail property was facilitated by Coldwell Banker, with Bill Ukropina, Robert Ip, Kathi Constanzo, and Alex Banks representing the seller, Colomar Partnership.
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
1.69%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93