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431 East Arrow Highway

Helen Quach Acquires Retail Property In Glendora For $5,425,000
SOLDRetail

Helen Quach Acquires Retail Property In Glendora For $5,425,000

431 East Arrow Highway

$5,425,000

$169/SF

Building Size

32,000 SF

Asset Type

Retail

Closing

Feb 21, 2023

AI

A retail property located at 431 East Arrow Highway in Glendora has been sold in a recent transaction. The property spans 32,000 square feet and was sold for a price of $5,425,000, which translates to a price per square foot of $170. The transaction took place on February 21, 2023. The property was previously listed at an asking price of $5,600,000.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,425,000
  • Address: 431 East Arrow Highway
  • Market: Glendora
  • Square Footage: 32,000
  • Price per Square Foot: $170

The buyer of the property was Helen Quach, while the seller was Pavel Plesnik. Adam Friedlander represented the buyer as their broker, while the seller was represented by Nathan Demosthenes, Oscar Vargas, and Joseph Lising from Cushman & Wakefield.

Players

Adam Friedlander

Colliers

Broker

$63.6M

vol

11 deals

Broker

Market 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

2.92%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93