Ravaliya Family Acquires Retail Property In Diamond Bar For $5.9M
3241 Brea Canyon Road
$5,925,000
$1,975/SF
Building Size
3,000 SF
Asset Type
Retail
Closing
Dec 7, 2022
AI
The retail property located at 3241 Brea Canyon Road in Diamond Bar has been sold in a closed transaction. The property spans 3,000 square feet and was sold at a price of $5,925,000, resulting in a price per square foot of $1,975.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,925,000
- Address: 3241 Brea Canyon Road
- Market: Diamond Bar
The buyer of the property is the Ravaliya Family, while the seller is Tom Trevor. The deal was facilitated by Arian Zerehi from Commercial Brokers International, who represented both parties in the transaction.
Diamond Bar Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.68%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93