Updated Oct 28, 2024
Chevron Acquires Retail Property In Orange County For $5.4M
17241 East 17th Street, Tustin, California 92780, United States
$5,400,000
$268/SF
Building Size
20,099 SF
Asset Type
Retail
Closing
Dec 27, 2021
About this deal
AI
The retail property located at 17241 17th St. in Orange County has been sold. The transaction took place on December 27, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,400,000
- Square Footage: 20,099
- Price Per Square Foot: $268
- Market: Orange County
The buyer of the property is Chevron, a well-known company in the energy sector. The deal was facilitated by the brokers Zack Williams and Gary Chou, who represented Chevron in the transaction. They are associated with Berkeley Capital Advisors, a reputable agency.
Players
Tustin Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Zack Williams to view all their deals.
Browse California retail sales on Traded.
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