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131 Cochran Street, Simi Va...

Roslyn Stewart Sells Retail Property In Ventura County For $3.975M With Grant Fulkerson & Mike Tingus - SIOR, Lee & Associates
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Roslyn Stewart Sells Retail Property In Ventura County For $3.975M With Grant Fulkerson & Mike Tingus - SIOR, Lee & Associates

131 Cochran Street, Simi Valley, California 93063, United States

$3,975,000

$516/SF

Building Size

7,700 SF

Asset Type

Retail

Closing

Mar 28, 2022

AI

The retail property located at 131 Cochran St. in Ventura County has been sold for a price of $3,975,000. The property spans across 7,700 square feet, resulting in a price per square foot of $516. The sale took place on March 29, 2022.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $3,975,000
  • Square Footage: 7,700
  • Price per Square Foot: $516
  • Address: 131 Cochran St.
  • Market: Ventura County

The seller of the property was Roslyn Stewart. The deal was facilitated by Grant Fulkerson and Mike Tingus from Lee & Associates, who represented the seller in the transaction.

Players

Mike Tingus

Lee & Associates

Broker

$297M

vol

24 deals

Broker

Simi Valley 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

3.99%

Cash-on-Cash

-1.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93