Updated Oct 29, 2024
City Of West Sacramento Acquires Retail Property On Jefferson Blvd For $3.4M
2525 Jefferson Boulevard, West Sacramento, California 95691, United States
$3,400,000
$425,000/SF
Building Size
8 SF
Asset Type
Retail
Closing
Nov 17, 2022
About this deal
AI
The City of West Sacramento, represented by Aaron Laurel & Dawnte Early, has acquired a retail property located at 2525 Jefferson Blvd in West Sacramento, CA. The property spans over 2.5 acres.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,400,000
- Square Footage: 8,452
- Price per Square Foot: $402
- Date: 11/17/2022
- Market: West Sacramento, CA
The transaction was completed on 11/17/2022, with the City of West Sacramento purchasing the property for a total of $3,400,000. The retail property offers 8,452 square feet of space, resulting in a price per square foot of $402. Aaron Laurel & Dawnte Early represented the City of West Sacramento in this acquisition.
Players
West Sacramento 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93