Updated May 12, 2025
CBRE Brokers Sell Retail Property In Lompoc For $3.6M
129 West Central Avenue
$3,600,000
$319/SF
Building Size
11,274 SF
Asset Type
Retail
Closing
Feb 24, 2023
About this deal
AI
The property asset involved in the transaction is a retail space located at 129 West Central Avenue in Lompoc. The sale price was set at $3,600,000, encompassing a total area of 11,274 square feet, which translates to a price per square foot of $319.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,600,000
- Address: 129 West Central Avenue
- Market: Lompoc
- Square Footage: 11,274
- Price Per Square Foot: $319
The transaction involved brokers Ken McLeod, Alex Vasquez, and Patrick Ylagan, all representing CBRE in the sale of the property. Their collective efforts facilitated the successful completion of this retail deal.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Patrick Ylagan to view all their deals.
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93