Bliss Car Wash Acquires Retail Property In Norwalk, City Of Industry For $4.8M
120 S Hacienda Blvd, City of Industry, CA 91745, USA
$4,800,000
$352/SF
Building Size
13,600 SF
Asset Type
Retail
Closing
Apr 23, 2020
AI
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.
Players
El Monte 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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93