SOLDRetail
Donohue Schriber Sells Retail Property In Camarillo For $61.5M
2350 Las Posas Rd, Camarillo, CA, USA
$61,500,000
$249/SF
Building Size
246,733 SF
Asset Type
Retail
Closing
May 16, 2021
AI
2350 Las Posas Rd in Camarillo has been sold for $61,500,000. The retail property was acquired by Donohue Schriber from Michael Glimcher. The transaction took place on May 17, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $61,500,000
- Address: 2350 Las Posas Rd, Camarillo
El Warner from Colliers International represented Donohue Schriber in the deal.
Players
Camarillo 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
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93