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4041 Sunrise Boulevard

Lewis Capital Advisors Acquires Retail Property In Rancho Cordova For $4.8M
SOLDRetail

Lewis Capital Advisors Acquires Retail Property In Rancho Cordova For $4.8M

4041 Sunrise Boulevard

$4,800,000

$813/SF

Building Size

5,900 SF

Asset Type

Retail

Closing

Jun 5, 2024

AI

The property involved in the transaction is Shops III at Anatolia Marketplace, a retail asset located at 4041 Sunrise Boulevard in Rancho Cordova. This multi-tenant retail pad spans 5,900 square feet and was sold for $4,800,000, equating to a price per square foot of $814.

Summary of transation details:

Craig Lewis of Lewis Capital Advisors represented the buyer, a local private investor, in the $4.8 million transaction of Shops III at Anatolia Marketplace. On the other hand, Bill Asher and Jeff Lefko from Hanley Investment Groupfacilitated the deal on behalf of the seller, Anatolia Marketplace LLC. The retail pad features tenants such as Popeyes and Cold Stone Creamery.

Players

Bill Asher

Hanley Investment Group

Broker

$658.2M

vol

91 deals

Broker

Rancho Cordova Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93