Updated Nov 17, 2025
Daniel Emrani Acquires Retail Asset From Robert Nam In Coachella For $12.875M
50259 Cesar Chavez Street
$12,875,000
$151/SF
Building Size
84,820 SF
Asset Type
Retail
Closing
Oct 23, 2025
About this deal
AI
The asset involved in this transaction is a retail property located at 50249 Cesar Chavez Street, Coachella. The property was sold for $12,875,000, encompassing a total square footage of 84,820, which equates to a price per square foot of $151.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,875,000
- Address: 50249 Cesar Chavez Street
- Market: Coachella
- Square Footage: 84,820
- Price per Square Foot: $151
- Buyer: Daniel Emrani
- Seller: Robert Nam
- Broker Representatives: Max Kinsbruner & Brian Quinn - JLL
Key individuals in this transaction include buyer Daniel Emrani and seller Robert Nam, with representation by brokers Max Kinsbruner and Brian Quinn from JLL, facilitating the sale of the retail property.
On the Map
$12,875,000
$151/SF
Retail
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Players
Coachella 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
1.23%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93