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
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.
Players
Mammoth Lakes 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
1.80%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93