Updated Dec 4, 2024
NAI Capital Facilitates $3.2M Sale Of Retail Property In Glendale
1212 South Brand Boulevard
$3,200,000
$475/SF
Building Size
6,733 SF
Asset Type
Retail
Closing
Mar 15, 2024
About this deal
AI
The retail and commercial property located at 1212 South Brand Boulevard in Glendale was sold for $3.2 million, at a rate of $475 per square foot. The transaction was facilitated by NAI Capital Commercial, with Guillermo Olaiz and John Archibald representing the undisclosed seller. The buyer's identity remains undisclosed.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,200,000
- Address: 1212 South Brand Boulevard
- Market: Glendale
- Square Footage: 6,733
- Brokers: Guillermo Olaiz & John Archibald - NAI Capital Commercial
NAI Capital Commercial played a crucial role in the sale of the property, with Guillermo Olaiz and John Archibald representing the seller. The buyer's identity, however, remains undisclosed, keeping the transaction details confidential.
On the Map
$3,200,000
$475/SF
Retail
View full map
Players
Glendale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit John Archibald to view all their deals.
Browse Glendale retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93