Updated Dec 19, 2023
Joel Cukier Of @JamesCapitalAdvisors Sells Madera Retail Property For $2.47M
301 W Olive Ave, Madera, CA 93637, USA
$2,470,000
$326/SF
Building Size
7,560 SF
Asset Type
Retail
Closing
Sep 10, 2020
About this deal
AI
The retail property located at 301 W Olive Ave in Madera has been sold for $2,470,000. Spanning across 7,560 square feet, the property was sold at a price per square foot of $326.72, resulting in a cap rate of 5.27%. The property is situated in the Madera market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,470,000
- Square Footage: 7,560
- Price per Square Foot: $326.72
- Cap Rate: 5.27%
- Address: 301 W Olive Ave, Madera
The buyer's representative in this transaction was Randy High Jr from CCIM, PMZ Commercial. On the other hand, the seller's representative was Joel Cukier from James Capital Advisors.
Players
Madera 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
6.42%
Cash-on-Cash
-1.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93