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2350 Las Posas Rd, Camarill...

Updated Oct 28, 2024

Bilt advertisement
Donohue Schriber Sells Retail Property In Camarillo For $61.5M
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

About this deal

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.

The retail sale at 2350 Las Posas Rd, Camarillo, CA, USA in Camarillo, California sold for $61.5M in 2021. The building is 246,733 square feet, implying about 249 per square foot on the published price. El Warner, Colliers appear on the sale alongside Colliers. This page is the Camarillo, California file for the 2350 Las Posas Rd, Camarillo, CA, USA retail sold: pricing, party profiles, and other closed retail comps from the same Camarillo sit in the Market section below. Filter that Camarillo retail set by closing date to see what else sold near 2350 Las Posas Rd, Camarillo, CA, USA around 2021. Published consideration for 2350 Las Posas Rd, Camarillo, CA, USA is $61.5M, dated 2021. Cite this Donohue Schriber Sells Retail Property In Camarillo For $61.5M sale when underwriting similar retail product around Camarillo, California.

Players

El Warner

Colliers

Broker

$203.8M

vol

8 deals

Broker

Camarillo Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $249 per square foot on a published $61.5M for 246,733 square feet (2021).

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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

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