Bliss Car Wash Acquires Retail Property In Norwalk, City Of Industry For $4.8M
SOLD
$4,800,000
California
See Similar DealsRetail13,600 SF
Sold
SOLD
Bliss Car Wash Acquires Retail Property In Norwalk, City Of Industry For $4.8M
120 S Hacienda Blvd, City of Industry, CA 91745, USA
See Similar DealsRetail13,600 SF
Sold
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$352
Total Square Footage:13600 SF
Transaction Type:Sale
The retail property located at 11732 Rosecrans Ave, 120 S. Hacienda Blvd in Norwalk, City of Industry has been sold in a closed transaction. The property, measuring 13,600 square feet, was sold for a price of $4,800,000, resulting in a price per square foot of $352.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,800,000
- Address: 11732 Rosecrans Ave, 120 S. Hacienda Blvd, Norwalk, City of Industry
- Market: Norwalk, City of Industry
Happy Sky Inc, through their entity Bliss Car Wash, acquired the property. The buyer was represented in the transaction by Adam Friedlander from JLL Retail Capital Markets.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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