Vanessa Haddad And Alan Krueger Of CBRE Handle $7.8M Retail Sale In Corona
135 East Ontario Avenue, 175 East Ontario Avenue & 265 East Ontario Avenue
$7,800,000
$130/SF
Building Size
60,000 SF
Asset Type
Retail
Closing
Apr 1, 2024
AI
The property located at 135, 175 & 265 East Ontario Avenue in Corona is a retail asset that was recently sold for $7,800,000. This property spans 20,000 square feet, resulting in a price per square foot of $390.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,800,000
- Address: 135, 175 & 265 East Ontario Avenue
- Market: Corona
- Brokers: Vanessa Haddad & Alan Krueger - CBRE
CBRE's Alan Krueger and Vanessa Haddad played a crucial role in the transaction, representing both the Buyer and Seller in the deal.
Players
Corona 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
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93