Tacos El Superior Acquires Retail Property In Irwindale
15716 Arrow Highway
$2,330,000
$1,339/SF
Building Size
1,740 SF
Asset Type
Retail
Closing
Mar 30, 2023
AI
The retail property located at 15716 Arrow Highway in Irwindale has been sold. The property spans 1,740 square feet and was sold for a price of $2,330,000, which translates to a price per square foot of $1,339. The transaction took place on 03/30/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,330,000
- Address: 15716 Arrow Highway, Irwindale
- Square Footage: 1,740
- Price per Square Foot: $1,339
- Market: Irwindale
The buyer of the property is Tacos El Superior, and the sellers are Menh Song Lu and Ya Hua Lu. Representing the buyer and seller in the transaction is Chris Mckenzie from Lee & Associates.
Market 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
6.81%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93