Updated Oct 13, 2026
Michael Shanfeld Acquires Retail Property In Ventura County For $5.08M
2709 E Main St, Ventura, Ventura County, CA, USA
$5,085,000
$308/SF
Building Size
16,500 SF
Asset Type
Retail
Closing
Dec 9, 2019
About this deal
AI
Located in Ventura County, the retail property at 2709 E Main St has been sold in a recent transaction. The sale took place on December 10, 2019, with Michael Shanfeld acquiring the property from The NikiGroup. The deal was facilitated by broker Lior Regenstreif.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,085,000
- Address: 2709 E Main St
- Square Footage: 16,500
- Price per Square Foot: $308.18
- Market: Ventura County
The buyer, Michael Shanfeld, successfully completed the acquisition of the property from The NikiGroup. Lior Regenstreif represented both parties as the broker in this transaction.
On the Map
$5,085,000
$308/SF
Retail
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Players
Ventura 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
3.12%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93