Updated Dec 21, 2023
SRS Real Estate Partners Brokers $10.2M Retail Sale In Palmdale
39340 10th Street West, Palmdale, California 93551, United States
$10,200,000
$686/SF
Building Size
14,855 SF
Asset Type
Retail
Closing
Aug 10, 2022
About this deal
AI
The retail property located at 39340 10th St. W. in Palmdale has been sold. The transaction was handled by Matthew Mousavi & Patrick Luther of SRS Real Estate Partners. The sale date was 08/11/2022.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $10,200,000
- Square Footage: 14,855
- Price per Square Foot: $686
The property is situated in Palmdale's market. Matthew Mousavi and Patrick Luther from SRS Real Estate Partners represented the parties involved in the deal.
The retail sale at 39340 10th Street West, Palmdale, California 93551, United States in Palmdale, California sold for $10.2M in 2022. The building is 14,855 square feet, implying about 686 per square foot on the published price. Matthew Mousavi, Patrick Luther, SRS Real Estate Partners appear on the sale alongside SRS Real Estate Partners. This page is the Palmdale, California file for the 39340 10th Street West, Palmdale, California 93551, United States retail sold: pricing, party profiles, and other closed retail comps from the same Palmdale sit in the Market section below. Filter that Palmdale retail set by closing date to see what else sold near 39340 10th Street West, Palmdale, California 93551, United States around 2022. Published consideration for 39340 10th Street West, Palmdale, California 93551, United States is $10.2M, dated 2022. Cite this SRS Real Estate Partners Brokers $10.2M Retail Sale In Palmdale sale when underwriting similar retail product around Palmdale, California.
Players
Palmdale 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
1.56%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93