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3241 Brea Canyon Road

Ravaliya Family Acquires Retail Property In Diamond Bar For $5.9M
SOLDRetail

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.

Players

Arian Zerehi

Maher Commercial Realty

Broker

$79.5M

vol

11 deals

Broker

Diamond Bar 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

2.68%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93