Retail Property At 26507-26069 Bouquet Canyon Road Sold For $4.2M With Seller's Rep Spectrum Commercial Real Estate
26057 Bouquet Canyon Road
$4,200,000
$352/SF
Building Size
11,928 SF
Asset Type
Retail
Closing
Oct 25, 2024
AI
The property asset involved in this transaction is a retail space located at 26507-26069 Bouquet Canyon Road in Valencia. The sale price for the property was $4,200,000, encompassing a total area of 11,928 square feet, which equates to a price per square foot of $352.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,200,000
- Square Footage: 11,928
- Price per Square Foot: $352
- Address: 26507-26069 Bouquet Canyon Road
- Market: Valencia
- Seller's Representatives: Yair Haimoff, Randy Cude, Andrew Ghassemi & Matt Sreden - Spectrum Commercial Real Estate
The transaction involved key individuals, including representatives from Spectrum Commercial Real Estate who facilitated the sale. The brokers involved in the process were Yair Haimoff, Randy Cude, Andrew Ghassemi, and Matt Sreden, providing their expertise for the successful execution of the deal.
Players
Santa Clarita 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93