SOLDRetail
Clark Bryner Sells Retail Property In Victorville For $4.24M With Brokers Zack Williams & Gary Chou
14796 La Paz Dr, Victorville, CA, USA
$4,244,000
$101/SF
Building Size
41,636 SF
Asset Type
Retail
Closing
Nov 22, 2021
AI
The retail property located at 14796 La Paz Dr. in Victorville has been sold for $4,244,000. Spanning across 41,636 square feet, the property was sold at an average price of $101 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,244,000
- Address: 14796 La Paz Dr.
- Market: Victorville
- Seller: Clark Bryner
- Brokers: Zack Williams & Gary Chou - Berkeley Capital Advisors
Zack Williams and Gary Chou from Berkeley Capital Advisors represented the seller, Clark Bryner, in this transaction.
Players
Victorville 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
3.74%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93