Updated Dec 21, 2023
Coldwell Banker Commercial NRT Brokers $2.9M Retail Sale In Penn Valley
17652 Penn Valley Dr, Penn Valley, CA 95946, USA
$2,900,000
$321/SF
Building Size
9,026 SF
Asset Type
Retail
Closing
Jul 19, 2020
About this deal
AI
The retail property located at 17652 Penn Valley Drive in Penn Valley has been sold for a price of $2,900,000. The property spans across 9,026 square feet, equating to a price per square foot of $321.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,900,000
- Address: 17652 Penn Valley Drive
- Market: Penn Valley
- Square Footage: 9,026
- Price per Square Foot: $321
Dan McGue from Coldwell Banker Commercial NRT served as the broker for this transaction.
The retail sale at 17652 Penn Valley Dr, Penn Valley, CA 95946, USA in Penn Valley, California sold for $2.9M in 2020. The building is 9,026 square feet, implying about 321 per square foot on the published price. Named participants on the 17652 Penn Valley Dr, Penn Valley, CA 95946, USA sale are Dan McGue. This page is the Penn Valley, California file for the 17652 Penn Valley Dr, Penn Valley, CA 95946, USA retail sold: pricing, party profiles, and other closed retail comps from the same Penn Valley sit in the Market section below. Filter that Penn Valley retail set by closing date to see what else sold near 17652 Penn Valley Dr, Penn Valley, CA 95946, USA around 2020. Published consideration for 17652 Penn Valley Dr, Penn Valley, CA 95946, USA is $2.9M, dated 2020. Cite this Coldwell Banker Commercial NRT Brokers $2.9M Retail Sale In Penn Valley sale when underwriting similar retail product around Penn Valley, California.
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Penn Valley Retail Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93