42 07 Northern Boulevard
42 07 Northern Boulevard
$8,750,000
Building Size
—
Asset Type
Retail
Closing
Jul 16, 2014
AI
The property asset involved in the transaction is a retail space located at 42 07 Northern Boulevard, situated in the San Diego market. The property was sold for $8,750,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,750,000.00
- Buyer: Yaron Jacobi
- Seller: Meryl Evans
- Brokers: Evan Daniel (Modern Spaces)
This transaction was facilitated by Evan Daniel, who represented the brokerage firm Modern Spaces. The roles of the buyer and seller were crucial in completing this retail property sale in the San Diego market.
Players
San Diego 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
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93