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
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