facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Retail

/

Sale

/

15716 Arrow Highway

Tacos El Superior Acquires Retail Property In Irwindale
SOLDRetail

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.

Players

Christopher Mckenzie

Lee & Associates

Broker

$24.5M

vol

5 deals

Broker

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