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1350 Huntington Drive, Duar...

CBRE Sells Retail Property On Huntington Dr. In Los Angeles For $2.15M
SOLDRetail

CBRE Sells Retail Property On Huntington Dr. In Los Angeles For $2.15M

1350 Huntington Drive, Duarte, California 91010, United States

$2,150,000

$107/SF

Building Size

20,100 SF

Asset Type

Retail

Closing

Mar 9, 2022

AI

The retail property located at 1350 E. Huntington Dr. in Los Angeles has been sold for $2,150,000. The property spans 20,100 square feet, resulting in a price per square foot of $106. The transaction took place on 03/10/2022.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,150,000
  • Address: 1350 E. Huntington Dr.
  • Market: Los Angeles
  • Square Footage: 20,100
  • Price per Square Foot: $106

The sale was facilitated by David McNevin, Melissa Ley, Ian Schroeder, and Matt Burns from CBRE, who represented the seller in the transaction.

Players

David McNevin

CBRE

Broker

$26.5M

vol

4 deals

Broker

Duarte 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

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93