CBRE Brokers Alan Krueger & Vanessa Haddad Facilitate $5.4M Retail Sale In Hesperia
15776 Main St
$5,400,000
$135/SF
Building Size
39,877 SF
Asset Type
Retail
Closing
May 7, 2020
AI
Located at 15776 Main St in Hesperia, this retail property recently changed hands in a sale transaction. The property spans a total area of 39,877 square feet and was sold for a total price of $5,400,000, resulting in a price per square foot of $135. The deal was finalized on 05/07/2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,400,000
- Address: 15776 Main St
- Market: Hesperia
- Square Footage: 39,877
The sale of this retail property was facilitated by CBRE brokers, Alan Krueger and Vanessa Haddad. They represented the respective parties involved in the transaction, and their expertise played a crucial role in successfully finalizing the deal.
Players
Hesperia 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93