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20733 Soledad Canyon Rd, Sa...

Dale Ryan Acquires Retail Property In Santa Clarita For $2M
SOLDRetail

Dale Ryan Acquires Retail Property In Santa Clarita For $2M

20733 Soledad Canyon Rd, Santa Clarita, CA, USA

$2,000,000

$452/SF

Building Size

4,416 SF

Asset Type

Retail

Closing

Sep 1, 2021

AI

Located at 20733 Soledad Canyon Rd in Santa Clarita, this retail property was recently sold in a closed transaction. The property spans 4,416 square feet and was sold for $2,000,000, resulting in a price per square foot of $452. The transaction took place on September 1, 2021, with a cap rate of 5.51%.

Summary of Transaction Details:

  • Property Type: Retail
  • Transaction Amount: $2,000,000
  • Square Footage: 4,416
  • Price per Square Foot: $452
  • Address: 20733 Soledad Canyon Rd
  • Market: Santa Clarita

Dale Ryan purchased the property from Sean Kohen in this transaction. The deal was facilitated by brokers James DeBuiser and Gary Cohen.

Players

Gary Cohen

Marcus & Millichap

Broker

$167.2M

vol

19 deals

Broker

Dale Ryan

Buyer

$19M

vol

2 deals

Buyer

Santa Clarita 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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93