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237 West Chapman Avenue

Updated Dec 4, 2024

George Ibrahim Acquires Retail Property On 237 West Chapman Avenue In Orange For $3.3M
SOLDRetail

George Ibrahim Acquires Retail Property On 237 West Chapman Avenue In Orange For $3.3M

237 West Chapman Avenue

$3,300,000

$1,875/SF

Building Size

1,760 SF

Asset Type

Retail

Closing

Oct 24, 2023

About this deal

AI

The retail property located at 237 West Chapman Avenue in Orange has been sold for a price of $3,300,000. The property spans across 1,760 square feet with a price per square foot of $1,875.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $3,300,000
  • Square Footage: 1,760
  • Price Per Square Foot: $1,875
  • Address: 237 West Chapman Avenue, Orange

George Ibrahim has acted as the buyer in this transaction, while Michelle Mo served as the seller. Jared Swedelson from NAI Capital represented the seller as their broker.

On the Map

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$3,300,000

$1,875/SF

Retail

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Players

Jared Swedelson

NAI Global

Broker

$127.9M

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19 deals

Broker
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Orange Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $1.9K per square foot on a published $3.3M for 1,760 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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