Updated Dec 21, 2023
Suk-hee Yoo Acquires Concord Retail Property For $8.8M
1621 Willow Pass Road, Concord, California 94520, United States
$8,800,000
$374/SF
Building Size
23,522 SF
Asset Type
Retail
Closing
Jun 28, 2022
About this deal
AI
The retail property located at 1621 Willow Pass Rd, 1611 Willow Pass Rd, and 1631 Willow Pass Rd in Concord, CA has been sold in a transaction that closed on June 29, 2022. The property spans a total of 23,522 square feet and was sold for a price of $8,800,000, resulting in a price per square foot of $374.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,800,000
- Square Footage: 23,522
- Price per Square Foot: $374
- Address: 1621 Willow Pass Rd, 1611 Willow Pass Rd, and 1631 Willow Pass Rd, Concord, CA
- Market: Concord, CA
Suk-hee Yoo has purchased the property from Richard Terherst in this transaction.
Players
Concord 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
1.80%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93