Rodney Gleicher Acquires Retail Property At 28118 Dorothy Drive Agoura Hills For $2.57M
SOLD
$2,572,225
California
See Similar DealsRetail9,323 SF
Sold 07/08/2025
SOLD
Rodney Gleicher Acquires Retail Property At 28118 Dorothy Drive Agoura Hills For $2.57M
28118 Dorothy Drive
See Similar DealsRetail9,323 SF
Sold 07/08/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$275
Total Square Footage:9,323 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 28118 Dorothy Drive in Agoura Hills. This retail asset has a sale price of $2,572,225, encompasses a total area of 9,323 square feet, and has a price per square foot of $275.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,572,225
- Address: 28118 Dorothy Drive
- Market: Agoura Hills
- Square Footage: 9,323
- Price Per Square Foot: $275
- Buyer: Rodney Gleicher
- Seller: Alicia Costin
- Broker Representatives: Brandon Michaels & Daniel Gamboa - Marcus & Millichap
- Date of Transaction: 07/08/2025
The transaction featured Rodney Gleicher as the buyer and Alicia Costin as the seller. The deal was facilitated by the brokerage team of Brandon Michaels and Daniel Gamboa from Marcus & Millichap, who represented the parties in the transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$137,185.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,138.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,193.66
Annual Debt Service$146,323.91
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