Updated Oct 28, 2024
Robhana Group Acquires Retail Property In Fullerton For $7.1M
1530 South Harbor Boulevard, Fullerton, CA, USA
$7,100,000
$373/SF
Building Size
19,000 SF
Asset Type
Retail
Closing
Jul 19, 2020
About this deal
AI
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
Fullerton 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
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93