facebook

traded

+ Submit
Home

/

Deals

/

California

/

Retail

/

Sale

/

16650 South Harbor Boulevard

Rudy Caamano Acquires Retail Property In Fountain Valley For $9.8M
SOLDRetail

Rudy Caamano Acquires Retail Property In Fountain Valley For $9.8M

16650 South Harbor Boulevard

$9,800,000

$215/SF

Building Size

45,453 SF

Asset Type

Retail

Closing

Feb 5, 2024

AI

The property involved in this transaction is a retail asset located at 16650 South Harbor Boulevard in Fountain Valley. The property spans across 45,453 square feet and was sold for a price of $9,800,000, resulting in a price per square foot of $216.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $9,800,000
  • Square Footage: 45,453
  • Address: 16650 South Harbor Boulevard
  • Market: Fountain Valley

The buyer in this transaction was Rudy Caamano, while the seller was Stephen Donell. The deal was facilitated by brokers Brandon Michaels, Matthew Luchs, and Steven Schechter from Marcus & Millichap.

Players

Brandon Michaels

Marcus & Millichap

Broker

$747.9M

vol

138 deals

Broker

Fountain Valley 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

1.62%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93