Meridian Sells Retail Property In Livermore For $10.4M With Bill Asher & Jeff Lefko - Hanley Investment Group Real Estate Advisors
1754 North Livermore Avenue, Livermore, California 94551, United States
$10,400,000
$2,600,000/SF
Building Size
4 SF
Asset Type
Retail
Closing
Dec 19, 2022
AI
The retail property located at 1754 N. Livermore Avenue in Livermore has been sold for a total price of $10,400,000. The property spans 1.61 acres and has a building size of 4,821 square feet. The transaction took place on December 19, 2022. The seller in this deal was Meridian.
Summary of Transaction Details
- Property Type: Retail
- Sale Price: $10,400,000
- Acres: 1.61
- Square Feet: 4,821
- Address: 1754 N. Livermore Avenue
- Market: Livermore
The sale of this retail property was facilitated by Bill Asher and Jeff Lefko from Hanley Investment Group Real Estate Advisors acting as brokers. They represented Meridian in this transaction.
Players
Livermore 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
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93