Updated Dec 4, 2024
Mike Bardi Acquires Retail Property On Ventura Blvd In Sherman Oaks For $3.9M
14444 Ventura Boulevard & 14446 Ventura Boulevard
$3,925,000
$331/SF
Building Size
5,920 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The retail property located at 14444-14446 Ventura Blvd in Sherman Oaks has been sold for a price of $3,925,000. The property spans across 5,920 square feet, resulting in a price per square foot of $663.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,925,000
- Address: 14444-14446 Ventura Blvd
- Market: Sherman Oaks
Mike Bardi has acquired the property from the seller, Robert Miller. The buyer was represented by David Ghermezian and Jonathan Dadurian from Newmark. On the other hand, the seller was represented by Joshua Yaris, Martin Agnew, and Ryan Serling from the Agnew Serling Group at Marcus & Millichap.
On the Map
$3,925,000
$331/SF
Retail
View full map
Players
Sherman Oaks Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit David Ghermezian to view all their deals.
Browse Sherman Oaks retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.04%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93