Matthews Real Estate Investment Services Sells Retail Property In Fresno For $11.1M
2047 West Shaw Avenue, Fresno, California 93711, United States
$11,100,000
Building Size
—
Asset Type
Retail
Closing
Mar 21, 2022
AI
A retail property located at 2047-2097 W. Shaw Ave. in Fresno has been sold for a total price of $11,100,000. The transaction took place on 03/22/2022 and was handled by broker Nabil Awada from Matthews Real Estate Investment Services. The property is situated in the Fresno market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $11,100,000
- Address: 2047-2097 W. Shaw Ave.
- Market: Fresno
Nabil Awada, a representative from Matthews Real Estate Investment Services, facilitated the sale of the retail property located on 2047-2097 W. Shaw Ave. in Fresno. The deal was successfully completed on 03/22/2022.
Players
Fresno 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
1.43%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93