Updated Oct 29, 2024
Private Investor Acquires Retail Property In Anaheim For $5.1M
545 N Euclid St, Anaheim, CA, 92801
$5,100,000
$1,278/SF
Building Size
3,988 SF
Asset Type
Retail
Closing
Mar 31, 2020
About this deal
AI
The sold property is a single-tenant retail asset situated at 545 N Euclid St in Anaheim, California. The asset, a Chase Bank building with a drive-thru ATM, spans 3,988 square feet on 0.5 acres of land within the Anaheim market. It is strategically positioned at a shared signalized intersection close to Anaheim Plaza, 2 miles northwest of Disneyland Park and Resort, in proximity to various tourist attractions.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,100,000.00
- Buyer: Private Investor
- Seller: SunCoast Properties
- Market: Anaheim
- Square Footage: 3,988
- Address: 545 N Euclid St, Anaheim, CA, 92801
The deal was facilitated by Matthew Mousavi of SRS Real Estate Partners, who represented the seller, SunCoast Properties. On the buyer’s side, the transaction was supported by Hanley Investment Group, with Bill Asher and Jeff Lefko serving as the Executive Vice Presidents. The property was acquired by a private investor based in Los Angeles, as secured by Hanley Investment Group.
Anaheim 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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93