Retail Asset Sold In Agoura Hills For $7.65 Million With Seller's Representatives Ovaness-Rostamian Group
28610 Canwood Street
$7,650,000
$247/SF
Building Size
30,891 SF
Asset Type
Retail
Closing
Feb 27, 2025
AI
The property asset involved in this transaction is a retail space located at 28610 Canwood Street, Agoura Hills. The sale was completed at a price of $7,650,000, with a total square footage of 30,891, resulting in a price per square foot of $247.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,650,000
- Square Footage: 30,891
- Price per Square Foot: $247
- Address: 28610 Canwood Street
- Market: Agoura Hills
- Seller's Rep: Orbell Ovaness, Aren Ohanian & Ara Rostamian - Ovaness-Rostamian Group - Marcus & Millichap
The transaction was facilitated by the representatives from Ovaness-Rostamian Group, namely Orbell Ovaness, Aren Ohanian, and Ara Rostamian, who are associated with Marcus & Millichap, indicating their role in representing the seller in this retail property sale.
Players
Agoura Hills 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
2.07%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93