facebook

traded

+ Submit
Home

/

Deals

/

California

/

Retail

/

Sale

/

15235 Whittier BLVD, Whitti...

Golden Capital Whittier LLC Acquires 15235 Whittier Blvd From Oppidan Investment Company For $40M
SOLDRetail

Golden Capital Whittier LLC Acquires 15235 Whittier Blvd From Oppidan Investment Company For $40M

15235 Whittier BLVD, Whittier, CA 90603

$40,000,000

$445/SF

Building Size

89,826 SF

Asset Type

Retail

Closing

Nov 20, 2023

AI

The property asset involved in this transaction is located at 15235 Whittier BLVD, Whittier, CA. It encompasses a total square footage of 89,826 and was sold for $40,000,000. The market for this asset is identified as Whittier.

Summary of transaction details:

  • Property Type: Not specified
  • Transaction Amount: $40,000,000.00
  • Address: 15235 Whittier BLVD, Whittier, CA
  • Square Footage: 89,826
  • Market: Whittier
  • Seller: Oppidan Investment Company
  • Buyer: Golden Capital Whittier LLC
  • Seller's Representatives: Kirk Brummer-CBRE, Megan Woodring-CBRE, Jimmy Slusher-CBRE

The deal entailed significant participation from Oppidan Investment Company as the seller, while Golden Capital Whittier LLC represented the buyer. The representatives from CBRE played a crucial role in the negotiation and execution of this transaction, with Kirk Brummer, Megan Woodring, and Jimmy Slusher involved as seller's representatives.

Players

Jimmy Slusher

CBRE

Broker

$474.4M

vol

16 deals

Broker
Oppidan Investment Company
Oppidan Investment CompanySeller

Whittier Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.40%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93