SOLDRetail
Johnhart Real Estate Represents Seller In $3M Burbank Retail Sale
2005 North Glenoaks Boulevard
$3,000,000
$2,683/SF
Building Size
1,118 SF
Asset Type
Retail
Closing
Jan 16, 2024
AI
The retail property located at 2005 North Glenoaks Boulevard in Burbank has been sold for $3,000,000. The property spans 1,118 square feet, resulting in a price per square foot of $2,683.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,000,000
- Square Footage: 1,118
- Price Per Square Foot: $2,683
- Address: 2005 North Glenoaks Boulevard
- Market: Burbank
Lilith Berko and Syuzi Hakobyan from Johnhart Real Estate served as the seller's representatives in this transaction.
Players
Burbank 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93