Updated Sep 9, 2024
Robert Bunje Acquires Retail Property In Pico Rivera For $4.3M With Brokers Matthew Luchs & Brandon Michaels
5006-5012 Rosemead Boulevard
$4,300,000
$573/SF
Building Size
7,493 SF
Asset Type
Retail
Closing
Mar 31, 2023
About this deal
AI
The retail property located at 5006-5012 Rosemead Boulevard in Pico Rivera has been sold for a total price of $4,300,000. The asset spans across 7,493 square feet, resulting in a price per square foot of $574.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,300,000
- Square Footage: 7,493
- Price per Square Foot: $574
- Address: 5006-5012 Rosemead Boulevard, Pico Rivera
Mark Mintz, the seller, successfully closed the deal with Robert Bunje as the buyer. Matthew Luchs and Brandon Michaels, representing the Brandon Michaels Group, acted as the brokers for this transaction.
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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93