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1770 South Harbor Boulevard...

Faris Lee Investments Brokers Sell Anaheim Retail Property On S. Harbor Blvd For $19.5M
SOLDRetail

Faris Lee Investments Brokers Sell Anaheim Retail Property On S. Harbor Blvd For $19.5M

1770 South Harbor Boulevard, Anaheim, California 92802, United States

$19,500,000

$1,950/SF

Building Size

10,000 SF

Asset Type

Retail

Closing

Aug 21, 2022

AI

An investment property in Anaheim has recently sold for $19,500,000. The property, located at 1770 S. Harbor Blvd, is a retail asset with a total area of 10,000 square feet. The sale price equates to approximately $1,950 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $19,500,000
  • Address: 1770 S. Harbor Blvd
  • Market: Anaheim
  • Square Footage: 10,000

The sale of this retail property was facilitated by brokers Nick Miller & Shaun Riley, who represented the seller and buyer in the transaction. Both brokers are affiliated with Faris Lee Investments.

Players

Shaun Riley

Faris Lee Investments

Broker

$120.9M

vol

11 deals

Broker

Anaheim 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

0.81%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93