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2536 Rosamond BLVD, Rosamon...

Updated Oct 29, 2024

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

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

2536 Rosamond BLVD, Rosamond, CA...

$5,600,000

$1,828/SF

Building Size

3,062 SF

Asset Type

Retail

Closing

Nov 20, 2023

About this deal

AI

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

Lindsey Kalal

Kalal Investment Realty

Broker

$5.6M

vol

1 deal

Broker
NA
Net Lease AllianceSeller

Rosamond Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $1.8K per square foot on a published $5.6M for 3,062 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.83%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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