facebook
Traded Co logo
Submit

Behzad Zaman Acquires Huntington Park Retail Property For $3.55M

Property Image
SOLD
$3,550,000

California

See Similar Deals
Retail15,040 SF
Sold 04/21/2023
the dealplayerscompscontact
Property Image
SOLD

Behzad Zaman Acquires Huntington Park Retail Property For $3.55M

5600 Pacific Boulevard

See Similar Deals
Retail15,040 SF
Sold 04/21/2023
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$236
Total Square Footage:15,040 SF
Transaction Type:Sale

A retail property located at 5600 Pacific Boulevard in Huntington Park has been sold in a recent transaction. The property spans across 15,040 square feet and was sold for a total of $3,550,000, resulting in a price per square foot of $236. The transaction took place on 04/21/2023.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,550,000
  • Address: 5600 Pacific Boulevard, Huntington Park
  • Market: Huntington Park

The buyer of the property is Behzad Zaman, while the seller is Mike Fayfel. Representing both parties in the deal was Yitzy Pearson from Pearson Real Estate Group.

Players

6 deals$45.8M volume
BROKER

Details

SOLD
IMAGE: Yitzy Pearson DATE: 04/21/2023 ADDRESS: 5600 Pacific Boulevard MARKET: Huntington Park ASSET TYPE: Retail BUYER: Behzad Zaman SELLER: Mike Fayfel BROKER: Yitzy Pearson (@Yitzypearson) - Pearson Real Estate Group (@PearsonRealEstateGroup) ASKING PRICE: $3,550,000 SALE PRICE: $3,550,000 SF: 15,040 ~ PPSF: $236

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$189,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,828.81
Annual Debt Service$201,945.73