Progressive Real Estate Partners Brokers $5.3M Retail Sale In Fontana, CA
14755 Foothill Blvd, Fontana, CA 92335, USA
$5,300,000
$212/SF
Building Size
24,895 SF
Asset Type
Retail
Closing
Oct 5, 2020
AI
A retail property located at 14755 Foothill Blvd in Fontana, CA has been sold. The transaction took place on 10/06/2020. The property, measuring 24,895 square feet, was sold for a price of $5,300,000, resulting in a price per square foot of $212.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,300,000
- Square Footage: 24,895
- Address: 14755 Foothill Blvd, Fontana, CA
- Market: Fontana, CA
The deal was facilitated by Greg Bedell and Albert Lopez of Progressive Real Estate Partners.
Players
Fontana 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93