Cadence Capital Sells Riverside Retail Asset For $5 Million With Broker Vanessa Haddad
SOLD
$5,000,000
California
See Similar DealsRetail6,000 SF
Sold 11/13/2025
SOLD
Cadence Capital Sells Riverside Retail Asset For $5 Million With Broker Vanessa Haddad
6390 Van Buren Boulevard
See Similar DealsRetail6,000 SF
Sold 11/13/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$833
Total Square Footage:6,000 SF
Transaction Type:Sale
The property asset involved in the transaction is a retail space located at 6390 Van Buren Boulevard in the Riverside market. The sale price of the asset was $5,000,000, and it encompasses a total of 6,000 square feet, resulting in a price per square foot of $833.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,000,000
- Address: 6390 Van Buren Boulevard
- Market: Riverside
- Square Footage: 6,000
- Price Per Square Foot: $833
- Seller: Cadence Capital
- Broker: Vanessa Haddad - Marcus & Millichap
The transaction involved Cadence Capital as the seller, with Vanessa Haddad from Marcus & Millichap representing the seller in this deal.
Players
BROKERAGE
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
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