Updated Dec 21, 2023
TFS Properties Sells Retail Property In Upland For $4M
183 East Foothill Boulevard, Upland, CA, USA
$4,000,000
$1,116/SF
Building Size
3,584 SF
Asset Type
Retail
Closing
Jun 14, 2020
About this deal
AI
A retail property located at 183 E. Foothill Blvd. in Upland has been sold. The transaction took place on 06/14/2021. The property, offered by TFS Properties, was listed for an asking price of $4,400,000 and sold for $4,000,000. The property spans 3,584 square feet, resulting in a price per square foot of $1,116.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,000,000
- Address: 183 E. Foothill Blvd., Upland
- Market: Upland
- Asking Price: $4,400,000
- Square Footage: 3,584
- Price per Square Foot: $1,116
The deal was facilitated by Edward Weng of TFS Properties. Edward Weng represented the seller in this transaction.
Players
Upland 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93