5325 Denny Avenue LLC Acquires Retail Property In Orange County For $6.555M
1345 N Grand Ave, Santa Ana, Orange County, CA, USA
$6,555,000
$964/SF
Building Size
6,800 SF
Asset Type
Retail
Closing
Aug 18, 2021
AI
Located at 1345 N. Grand Ave. in Orange County, this retail property was sold in a recent transaction. The property spans approximately 6,800 square feet and was listed for an asking price of $6,555,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,555,000
- Buyer: 5325 Denny Avenue LLC - Elizabeth Rona
- Seller: Jawska LLC – Joseph Haikal
- Brokers: Tom Chichester & Nick D'Argenzio
The buyer of this property was 5325 Denny Avenue LLC, represented by Elizabeth Rona. Jawska LLC, with Joseph Haikal as the seller, completed the sale. Tom Chichester and Nick D'Argenzio acted as the brokers in this transaction.
Players
Santa Ana 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
2.42%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93