facebook
Traded Co logo
Submit
Daily limit: 0/10

Mahmoud Emadi Acquires Retail Property In Chino From Che Chen & Shu Fen Liu

Property Image
SOLD
$10,700,000

California

See Similar Deals
Retail103,882 SF
Sold 04/02/2024
the dealdetailscomps
Property Image
SOLD

Mahmoud Emadi Acquires Retail Property In Chino From Che Chen & Shu Fen Liu

14659 Ramona Avenue

See Similar Deals
Retail103,882 SF
Sold 04/02/2024
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$103
Total Square Footage:103,882 SF
Transaction Type:Sale

The retail property located at 14659 Ramona Avenue in Chino spans across 8.73 acres. The transaction involved the sale of this property for $10.7 million. The asset comprises 103,882 square feet and is positioned near State Routes 71 and 142 within the bustling market of Chino.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $10,700,000
  • Address: 14659 Ramona Avenue
  • Market: Chino
  • Asset Size: 8.73 acres
  • Square Footage: 103,882

Mahmoud Emadi emerged as the buyer in the deal, acquiring the property from Che Chen Liu & Shu Fen Liu. The retail space houses Maiselle Furniture & Mattress along with neighboring businesses like Nothing Bundt Cakes and The Home Depot. This transaction signifies Emadi's strategic position in adding this prime retail asset to their portfolio.

Details

SOLD
IMAGE: 04/02/2024 ADDRESS: 14659 Ramona Avenue MARKET: Chino ASSET TYPE: Retail ~ ACRES: 8.73 BUYER: Mahmoud Emadi SELLER: Che Chen Liu & Shu Fen Liu SALE PRICE: $10,700,000 SF: 103,882 ~ PPSF: $103 NOTE: Mahmoud Emadi's entity bought a retail property in Chino for $10.7 million, housing Maiselle Furniture & Mattress on 103,882 square feet near State Routes 71 and 142, alongside other retailers like Nothing Bundt Cakes and The Home Depot.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$570,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$38,014.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$50,723.46
Annual Debt Service$608,681.51