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Robhana Group Acquires Retail Property In Fullerton For $7.1M

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SOLD
$7,100,000

California

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Retail19,000 SF
Sold 07/19/2020
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SOLD

Robhana Group Acquires Retail Property In Fullerton For $7.1M

1530 South Harbor Boulevard, Fullerton, CA, USA

See Similar Deals
Retail19,000 SF
Sold 07/19/2020
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$373
Total Square Footage:19,000 SF
Transaction Type:Sale

The retail property located at 1530 S. Harbor Blvd. in Fullerton has been sold for $7,100,000. The transaction took place on July 19, 2021. The property spans a total area of 19,000 square feet, resulting in a price per square foot of $373. The sale represents a capitalization rate of 5.7%.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,100,000
  • Address: 1530 S. Harbor Blvd., Fullerton
  • Market: Fullerton

The buyer in this transaction was Robhana Group, while the seller was AJ Morgan. Elan Kermani from CityStreet Commercial served as the broker representing both parties.

Players

9 deals$59.5M volume(310) 734-7772
BROKER

BUYER

Details

SOLD
IMAGE: Elan Kermani DATE: 07/19/2021 ADDRESS: 1530 S. Harbor Blvd. MARKET: Fullerton ASSET TYPE: Retail BUYER: Robhana Group SELLER: AJ Morgan BROKER: Elan Kermani (@ElanKermani) - CityStreet Commercial (@CityStreetCRE) SALE PRICE: $7,100,000 SF: 19,000 ~ PPSF: $373 CAP: 5.7%

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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