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3343 Main Street, Mammoth L...

Updated Dec 21, 2023

Bilt advertisement
Marcus & Millichap Sells Retail Property In Mammoth Lakes For $8.8M
SOLDRetail

Marcus & Millichap Sells Retail Property In Mammoth Lakes For $8.8M

3343 Main Street, Mammoth Lakes, California 93546, United States

$8,800,000

$205/SF

Building Size

42,809 SF

Asset Type

Retail

Closing

Jun 6, 2022

About this deal

AI

A retail property located at 3343 Main St. in Mammoth Lakes has been sold. The property spans 42,809 square feet and was sold for a total price of $8,800,000, resulting in a price per square foot of $205.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $8,800,000

Marcus & Millichap represented the seller in the transaction.

The retail sale at 3343 Main Street, Mammoth Lakes, California 93546, United States in Mammoth Lakes, California sold for $8.8M in 2022. The building is 42,809 square feet, implying about 205 per square foot on the published price. Patrick Toomey, Jose Carrazana, Jessica Baram, Enrique Wong appear on the sale alongside Marcus & Millichap. This page is the Mammoth Lakes, California file for the 3343 Main Street, Mammoth Lakes, California 93546, United States retail sold: pricing, party profiles, and other closed retail comps from the same Mammoth Lakes sit in the Market section below. Filter that Mammoth Lakes retail set by closing date to see what else sold near 3343 Main Street, Mammoth Lakes, California 93546, United States around 2022. Published consideration for 3343 Main Street, Mammoth Lakes, California 93546, United States is $8.8M, dated 2022. Cite this Marcus & Millichap Sells Retail Property In Mammoth Lakes For $8.8M sale when underwriting similar retail product around Mammoth Lakes, California.

Players

Patrick Toomey

Institutional Property Advisors

Broker

$109.8M

vol

6 deals

Broker

Mammoth Lakes Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $205 per square foot on a published $8.8M for 42,809 square feet (2022).

Visit Patrick Toomey to view all their deals.

Browse California retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.80%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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