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Clark Bryner Sells Retail Property In Victorville For $4.24M With Brokers Zack Williams & Gary Chou

Property Image
SOLD
$4,244,000
Gary Chou

California

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Retail41,636 SF
Sold 11/22/2021
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Property Image
SOLD

Clark Bryner Sells Retail Property In Victorville For $4.24M With Brokers Zack Williams & Gary Chou

14796 La Paz Dr, Victorville, CA, USA

See Similar Deals
Retail41,636 SF
Sold 11/22/2021
Gary Chou
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$101
Total Square Footage:41,636 SF
Transaction Type:Sale

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

4 deals$20.4M volume
BROKER

Zack Williams
3 deals$14.9M volume
BROKER

Details

SOLD
IMAGE: Zack Williams & Gary Chou DATE: 11/22/2021 ADDRESS: 14796 La Paz Dr. MARKET: Victorville ASSET TYPE: Retail SELLER: Clark Bryner BROKERS: Zack Williams (@ZackTheChamp) & Gary Chou (@MaxwellChou) - Berkeley Capital Advisors (@BerkeleyCapitalAdvisorsWest) SALE PRICE: $4,244,000 SF: 41,636 ~ PPSF: $101

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$15,078.03
Cash-on-Cash Return-1.27%
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