Updated Nov 20, 2023
Lindero Canyon Rd Retail Property In Westlake Village Sold For $18.2M By Lior Regenstreif - Marcus & Millichap
5770 Lindero Canyon Road, Westlake Village, CA 91362, USA
$18,161,783
$340/SF
Building Size
53,417 SF
Asset Type
Retail
Closing
Dec 4, 2018
About this deal
AI
A retail property located at 5770 Lindero Canyon Rd. in Westlake Village has recently been sold in a closed transaction. The property spans across an area of 53,417 square feet and is part of the Ventura County Retail market. The sale took place on December 5, 2018, with a selling price of $18,161,783. This equates to approximately $340.00 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $18,161,783
- Address: 5770 Lindero Canyon Rd.
- City: Westlake Village
- Market: Ventura County Retail
- Square Footage: 53,417
- Sale Price per Square Foot: $340.00
The deal was facilitated by Lior Regenstreif from Marcus & Millichap, who represented the parties involved in this transaction.
Westlake Village 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93