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
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