MK Capital Partners GG, LLC Acquires Retail Property In Garden Grove For $5.33M
12491 Valley View Street, Garden Grove, California 92845, United States
$5,330,000
$197,407/SF
Building Size
27 SF
Asset Type
Retail
Closing
Apr 17, 2023
AI
The retail property located at 12491 Valley View Street in Garden Grove has been sold. The sale was completed on January 16, 2023. The property, measuring 27,650 square feet, was acquired by MK Capital Partners GG, LLC. The transaction was facilitated by brokers Adam Friedlander and Richard Rizika from Beta Agency. The sale price for the property was $5,330,000, resulting in a price per square foot of $193.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,330,000
- Square Footage: 27,650
- Address: 12491 Valley View Street, Garden Grove
- Market: Garden Grove
Richard Rizika was the representative from Beta Agency involved in the deal along with Adam Friedlander. The successful transaction highlights the expertise of MK Capital Partners GG, LLC in the retail market of Garden Grove.
Players
Garden Grove 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
2.98%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93