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4103 Riverside Dr, Chino, C...

Progressive Real Estate Partners Brokers $8.4M Retail Sale In Chino, CA
SOLDRetail

Progressive Real Estate Partners Brokers $8.4M Retail Sale In Chino, CA

4103 Riverside Dr, Chino, California 91710, United States

$8,400,000

$420,000/SF

Building Size

20 SF

Asset Type

Retail

Closing

Nov 17, 2022

AI

Located at 4103 Riverside Drive in Chino, CA, this retail property spans across 2.5 acres of land. The transaction took place on November 17, 2022, and was captured by Mike Lin in an image.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: $8,400,000
  • Square Footage: 20,600
  • Price Per Square Foot: $408
  • Address: 4103 Riverside Drive, Chino, CA
  • Market: Chino, CA
  • Agent: Mike Lin - Progressive Real Estate Partners

The deal was facilitated by Mike Lin from Progressive Real Estate Partners. The transaction involved a retail property situated on 2.5 acres of land, with a total square footage of 20,600 and a sale price of $8,400,000. The price per square foot for this property amounted to $408.

Players

Mike Lin

Progressive Real Estate Partners

Broker

$24.5M

vol

4 deals

Broker

Chino 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

1.89%

Cash-on-Cash

-0.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93