Updated Sep 9, 2024
Rami Haddad Acquires Retail Property In Santa Clarita For $5.4M
24238 Lyons Avenue
$5,400,000
$356/SF
Building Size
15,139 SF
Asset Type
Retail
Closing
Jun 8, 2022
About this deal
AI
Rami Haddad has acquired a retail property located at 24238-24270 Lyons Avenue in Santa Clarita. The property, comprising 15,139 square feet, was sold by Richard Moss for a total price of $5,400,000. The transaction was facilitated by Brandon Michaels and Matthew Luchs of The Brandon Michaels Group.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,400,000
- Square Footage: 15,139
- Price Per Square Foot: $356
- Address: 24238-24270 Lyons Avenue, Santa Clarita
- Market: Santa Clarita
Rami Haddad successfully purchased the retail property from Richard Moss. The deal was brokered by Brandon Michaels and Matthew Luchs of The Brandon Michaels Group, who represented the respective parties involved.
Players
Lyons Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Matthew Luchs to view all their deals.
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93