Updated Nov 24, 2023
Gursharnjeet S Cheema Acquires Retail Property In Walnut Creek, LA For $7.3M
2765 Mitchell Drive, Walnut Creek, California 94598, United States
$7,300,000
Building Size
—
Asset Type
Retail
Closing
Jun 1, 2023
About this deal
AI
The retail property located at 2765 Mitchell Dr in Walnut Creek, LA has been sold in a transaction that took place on January 6, 2023. The property was sold for a total price of $7,300,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,300,000
Gursharnjeet S Cheema was the buyer in this transaction, while John K Sutherland represented the seller.
The retail sale at 2765 Mitchell Drive, Walnut Creek, California 94598, United States in Walnut Creek, California sold for $7.3M in 2023. 2765 Mitchell Drive, Walnut Creek, California 94598, United States is classified as Retail on Traded. This page is the Walnut Creek, California file for the 2765 Mitchell Drive, Walnut Creek, California 94598, United States retail sold: pricing, party profiles, and other closed retail comps from the same Walnut Creek sit in the Market section below. Filter that Walnut Creek retail set by closing date to see what else sold near 2765 Mitchell Drive, Walnut Creek, California 94598, United States around 2023. Published consideration for 2765 Mitchell Drive, Walnut Creek, California 94598, United States is $7.3M, dated 2023. Cite this Gursharnjeet S Cheema Acquires Retail Property In Walnut Creek, LA For $7.3M sale when underwriting similar retail product around Walnut Creek, California.
Players
Walnut Creek Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93