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
Whittier 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
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93