Updated Dec 20, 2023
Paul Meltzer Acquires Retail Property In Brentwood, CA For $4.1M
4540 Balfour Road, Brentwood, California 94513, United States
$4,097,000
$910/SF
Building Size
4,500 SF
Asset Type
Retail
Closing
May 25, 2022
About this deal
AI
The retail property located at 4540 Balfour Rd in Brentwood, CA has been sold in a recent transaction. The property spans 4,500 square feet and was sold for a price of $4,097,000, resulting in a per square foot price of $910.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,097,000
- Address: 4540 Balfour Rd, Brentwood, CA
- Market: Brentwood, CA
The buyer in this transaction is Paul Meltzer, while the seller is Steven P. Thomas.
The retail sale at 4540 Balfour Road, Brentwood, California 94513, United States in Brentwood, California sold for $4.1M in 2022. The building is 4,500 square feet, implying about 910 per square foot on the published price. This page is the Brentwood, California file for the 4540 Balfour Road, Brentwood, California 94513, United States retail sold: pricing, party profiles, and other closed retail comps from the same Brentwood sit in the Market section below. Filter that Brentwood retail set by closing date to see what else sold near 4540 Balfour Road, Brentwood, California 94513, United States around 2022. Published consideration for 4540 Balfour Road, Brentwood, California 94513, United States is $4.1M, dated 2022. Cite this Paul Meltzer Acquires Retail Property In Brentwood, CA For $4.1M sale when underwriting similar retail product around Brentwood, California.
Players
Brentwood 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93