Spectrum Commercial Real Estate Brokers Sell Santa Clarita Retail Property For $3.1M
25150 Rye Canyon Rd Santa Clarita, CA 91355, USA
$3,100,000
$509/SF
Building Size
6,087 SF
Asset Type
Retail
Closing
Jun 30, 2023
AI
The retail property located at 25150-25158 Rye Canyon Rd in Santa Clarita has been sold for a price of $3,100,000. The property spans across 6,087 square feet, resulting in a price per square foot of $509.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,100,000
- Address: 25150-25158 Rye Canyon Rd, Santa Clarita
- Square Footage: 6,087
- Price Per Square Foot: $509
- Market: Santa Clarita
The sale of this retail property was facilitated by Randy Cude and Connor Quan from Spectrum Commercial Real Estate. They represented the buyer and seller in this transaction.
Players
Los Angeles 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93