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

Property Image
SOLD
$5,425,000
Oscar Vargas
Nathan Demosthenes
Joseph Lising
+ 1

California

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Retail32,000 SF
Sold
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Property Image
SOLD

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

431 East Arrow Highway

See Similar Deals
Retail32,000 SF
Sold
Oscar Vargas
Nathan Demosthenes
Joseph Lising
+ 1
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$169
Total Square Footage:32000 SF
Transaction Type:Sale

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
Adam Friedlander
11 deals$63.6M volume(310) 766-5205
BROKER
Joseph Lising
Cushman & Wakefield
Joseph Lising
8 deals$63.8M volume(949) 372-4896
BROKER
Nathan Demosthenes
Cushman & Wakefield
Nathan Demosthenes
10 deals$49.2M volume
BROKER
Oscar Vargas
Cushman & Wakefield
Oscar Vargas
2 deals$7.9M volume
BROKER

Details

SOLD
IMAGE: Nathan Demosthenes, Oscar Vargas & Joseph Lising DATE: 02/21/2023 ADDRESS: 431 East Arrow Highway MARKET: Glendora ASSET TYPE: Retail BUYER: Helen Quach SELLER: Pavel Plesnik BUYER'S REP: Adam Friedlander SELLER'S REP: Nathan Demosthenes (@Natedemos), Oscar Vargas (@Oscarvargascre) & Joseph Lising - Cushman & Wakefield (@CushWake) ASKING PRICE: $5,600,000 SALE PRICE: $5,425,000 SF: 32,000 ~ PPSF: $170

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$19,273.89
Cash-on-Cash Return-1.27%
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