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Sixth & Sierra LLC Acquires Retail Property In Norco, CA For $2.9M

Property Image
SOLD
$2,900,000

California

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Retail5,796 SF
Sold
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Property Image
SOLD

Sixth & Sierra LLC Acquires Retail Property In Norco, CA For $2.9M

1468 6th Street

See Similar Deals
Retail5,796 SF
Sold
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$500
Total Square Footage:5796 SF
Transaction Type:Sale

A retail property located at 1468 6th Street in Norco, CA recently changed hands in a sale transaction. The property has a total area of 5,796 square feet and was sold for a price of $2,900,000, resulting in a price per square foot of $500. The sale took place on 12/21/2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,900,000
  • Address: 1468 6th Street, Norco, CA
  • Square Footage: 5,796
  • Price per Square Foot: $500
  • Buyer: Sixth & Sierra LLC - Arash Mohammodzadeh
  • Seller: Norco Gateway LLC - William Hardesty
  • Broker: Veronique Collin - May Realty Advisors

The buyer in this transaction is Sixth & Sierra LLC, represented by Arash Mohammodzadeh. The seller is Norco Gateway LLC, represented by William Hardesty. Veronique Collin from May Realty Advisors acted as the broker in the deal.

Players

Veronique Collin
May Realty Advisors
Veronique Collin
1 deal$2.9M volume(818) 528-3999
BROKER

Details

SOLD
IMAGE: Veronique Collin DATE: 12/21/2022 ADDRESS: 1468 6th Street MARKET: Norco, CA ASSET TYPE: Retail BUYER: Sixth & Sierra LLC - Arash Mohammodzadeh SELLER: Norco Gateway LLC - William Hardesty BROKER: Veronique Collin (@Veroniquecollin.Cre) - May Realty Advisors SALE PRICE: $2,900,000 SF: 5,796 ~ PPSF: $500

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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