facebook

traded

+ Submit
Home

/

Deals

/

California

/

Retail

/

Sale

/

13822 Garvey Avenue, Baldwi...

Kidder Mathews Brokers Sell Baldwin Park Retail Property For $18.1M
SOLDRetail

Kidder Mathews Brokers Sell Baldwin Park Retail Property For $18.1M

13822 Garvey Avenue, Baldwin Park, California 91706, United States

$18,100,000

$402/SF

Building Size

45,000 SF

Asset Type

Retail

Closing

May 18, 2022

AI

Located at 13822 Garvey Ave in Baldwin Park, this retail property was sold in a recent transaction. The property spans 45,000 square feet, and the sale price was recorded at $18,100,000, resulting in an average price per square foot of $402. The deal took place on May 19, 2022. The property is situated in the Baldwin Park market.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $18,100,000
  • Square Footage: 45,000
  • Price per Square Foot: $402
  • Date: May 19, 2022
  • Address: 13822 Garvey Ave
  • Market: Baldwin Park

The deal was facilitated by a team of brokers from Kidder Mathews, including Tanel Harunzade, Darrell Levonian, Brittney McCarthy, Janet Neman, and Angelica Gotzev.

Players

Brittney McCarthy

Kidder Mathews

Broker

$64.4M

vol

6 deals

Broker

Baldwin Park Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93