John & Nick Small Acquire Retail Property On Garnet Avenue In San Diego For $4.4M
SOLD
$4,400,000
California
See Similar DealsRetail7,700 SF
Sold 08/13/2025
SOLD
John & Nick Small Acquire Retail Property On Garnet Avenue In San Diego For $4.4M
1200 Garnet Avenue
See Similar DealsRetail7,700 SF
Sold 08/13/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$571
Total Square Footage:7,700 SF
Transaction Type:Sale
The retail property located at 1200 Garnet Avenue in San Diego has a sale price of $4,400,000, with a total square footage of 7,700 and a price per square foot of $571.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,400,000
- Buyers: John & Nick Small
- Seller: Nan Bunnell
- Seller's Representative: Lev Mizan - Infinity Investment Properties
- Sale Date: 08/13/2025
- Closing Terms: All cash 30 day close
This transaction involved John & Nick Small purchasing the property from seller Nan Bunnell, with Lev Mizan representing the seller through Infinity Investment Properties in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$234,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,632.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,858.24
Annual Debt Service$250,298.94
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