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220 Agostino Road, San Gabr...

Tow Inc Acquires Retail Property In San Gabriel Valley For $2.5M
SOLDRetail

Tow Inc Acquires Retail Property In San Gabriel Valley For $2.5M

220 Agostino Road, San Gabriel, CA 91776, USA

$2,500,000

$409/SF

Building Size

6,100 SF

Asset Type

Retail

Closing

Nov 5, 2019

AI

The retail property located at 220,337 Agostino Rd in the San Gabriel Valley was recently sold for a price of $2,500,000. The property spans a total area of 6,100 square feet, resulting in a price per square foot of $409.84.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,500,000
  • Address: 220,337 Agostino Rd
  • Market: San Gabriel Valley

The buyer of the property was Tow Inc, while the seller was Dickson Motor. Andy Hairabedian from The Hairabedian Group represented both parties as the broker in this transaction.

Players

Andy Hairabedian

The Agency

Broker

$24M

vol

7 deals

Broker

San Gabriel 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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93