Land Investments Sells Retail Property In Anaheim For $5.8M
SOLD
California
See Similar DealsRetail26,414 SF
Sold 03/11/2021
SOLD
Land Investments Sells Retail Property In Anaheim For $5.8M
3430 W Lincoln Ave, Anaheim, CA, USA
See Similar DealsRetail26,414 SF
Sold 03/11/2021
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$219
Total Square Footage:26,414 SF
Transaction Type:Sale
Located at 3430 W. Lincoln Ave. in Anaheim, this retail property was recently sold in a closed transaction. The property, spanning 26,414 square feet, was listed in the market. The sale price for this property was $5,800,000, resulting in a price per square foot of $219.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,800,000
The seller of this property was Land Investments. The deal was facilitated by CBRE brokers Alan Krueger and Vanessa Haddad.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$309,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,606.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,494.96
Annual Debt Service$329,939.51
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