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26057 Bouquet Canyon Road

Retail Property At 26507-26069 Bouquet Canyon Road Sold For $4.2M With Seller's Rep Spectrum Commercial Real Estate
SOLDRetail

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:

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

Yair Haimoff

Spectrum Commercial Real Estate

Broker

$165.3M

vol

38 deals

Broker

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