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Private Investor Acquires Retail Property For $5.6M In Rosamond, CA

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SOLD
$5,600,000

California

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Retail3,062 SF
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SOLD

Private Investor Acquires Retail Property For $5.6M In Rosamond, CA

2536 Rosamond BLVD, Rosamond, CA...

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Retail3,062 SF
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,828
Total Square Footage:3,062 SF
Transaction Type:Sale

The property involved in the transaction is a 3,062-square-foot 7-Eleven convenience store with a gas station located at 2536 Rosamond Blvd in Rosamond, CA. The asset was purchased by a San Diego-based private investor for $5.6 million.

Summary of transaction details:

Lindsey Kalal from Coronado-based Kalal Investment Realty represented the buyer in the purchase of the 7-Eleven convenience store. The seller was represented by Bill Asher and Jeff Lefko of Hanley Investment Group Real Estate Advisors. This transaction is part of a series of four single-tenant, net-leased investments sold at a shopping center in Rosamond, with a total consideration of $19.3 million.

Players

1 deal$5.6M volume
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SELLER

Details

SOLD
IMAGE: 2536 Rosamond BLVD, Rosamond, CA... MARKET: Rosamond ASSET TYPE: Retail BUYER'S REP: Lindsey Kalal(Kalal Investment Realty) BUYER: Private Investor Buyer SELLER: Net Lease Alliance PRICE: $5,600,000.00 SF: 3062

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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