SOLDRetail
Cadence Capital Sells Retail Property At 6200 Van Buren Boulevard In Riverside For $3.275M
6200 Van Buren Boulevard
$3,275,000
$655/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Mar 28, 2025
AI
This retail asset, located at 6200 Van Buren Boulevard in Riverside, has been sold for $3,275,000. It encompasses 5,000 square feet, which results in a price per square foot of $655.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,275,000
- Seller: Cadence Capital
- Broker: Vanessa Haddad - Marcus & Millichap
- Date of Sale: 03/28/2025
Vanessa Haddad represented the seller, Cadence Capital, in this transaction, facilitating the sale and ensuring all aspects of the deal were handled efficiently.
Players
Riverside 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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93