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19478 Nordhoff Street

Turner Impact Capital Purchases Retail Asset On Nordhoff Street In Northridge For $6.7M
SOLDRetail

Turner Impact Capital Purchases Retail Asset On Nordhoff Street In Northridge For $6.7M

19478 Nordhoff Street

$6,700,000

$400/SF

Building Size

16,750 SF

Asset Type

Retail

Closing

Mar 28, 2025

AI

The property involved in this transaction is a retail asset located at 19478 Nordhoff Street, Northridge. The sale price for this asset was $6,700,000, with a total square footage of 16,750, resulting in a price per square foot of $400.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,700,000
  • Address: 19478 Nordhoff Street
  • Market: Northridge
  • Buyer: Turner Impact Capital
  • Broker: Gabe Kadosh - Colliers
  • Square Footage: 16,750
  • Price Per Square Foot: $400

Turner Impact Capital is the buyer in this transaction, while Gabe Kadosh from Colliers represented the seller. This interaction illustrates the active role of brokerage services in facilitating property sales in the Northridge market.

Players

Gabe Kadosh

Colliers

Broker

$11.5M

vol

2 deals

Broker
TC
Turner Impact CapitalBuyer

Northridge Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.37%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93