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Mr. Sarkis Damargi Acquires Retail Property In Glendale For $1.125M

Property Image
SOLD
$1,125,000
Ryan Rothstein-Serling
Martin Agnew
+ 2

California

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Retail1,500 SF
Sold 02/18/2022
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Property Image
SOLD

Mr. Sarkis Damargi Acquires Retail Property In Glendale For $1.125M

6413 San Fernando Boulevard, Glendale, California 91201, United States

See Similar Deals
Retail1,500 SF
Sold 02/18/2022
Ryan Rothstein-Serling
Martin Agnew
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$750
Total Square Footage:1,500 SF
Transaction Type:Sale

6413 San Fernando Rd is a retail property located in Glendale. This property was recently sold on 02/18/2022 for a total price of $1,125,000. The property spans across 1,500 square feet, resulting in a price per square foot of $750.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,125,000
  • Address: 6413 San Fernando Rd
  • Market: Glendale

The buyer of this property was Mr. Sarkis Damargi, while the seller was Mr. Jorge Alvarado. The buyer was represented by David Issaians from KW Commercial, and the seller was represented by Martin Agnew, Ryan R. Serling, Joshua Yaris, and Bradly Wetherby from Marcus & Millichap.

Overall, the sale of this retail property at 6413 San Fernando Rd in Glendale signifies a noteworthy transaction, with the buyer and seller represented by reputable brokers in the industry. The property was sold for a significant amount, reflecting its value in the market.

Players

Martin Agnew
119 deals$436.8M volume
BROKER

Joshua (Josh) Yaris
Marcus & Millichap
24 deals$57.6M volume(818) 212-2665
BROKER

Ryan Rothstein-Serling
Marcus & Millichap
122 deals$509.8M volume(818) 212-2725
BROKER

Bradley (Brad) Wetherby
Marcus & Millichap
16 deals$32.4M volume
BROKER

David Issaians
Keller Williams Realty
1 deal$1.1M volume
BROKER

Details

SOLD
IMAGE: Joshua Yaris, Bradly Wetherby, Ryan R. Serling & Martin Agnew DATE: 02/18/2022 ADDRESS: 6413 San Fernando Rd. MARKET: Glendale ASSET TYPE: Retail BUYER: Mr. Sarkis Damargi SELLER: Mr. Jorge Alvarado BUYER’S REP: David Issaians - KW Commercial SELLER’S REP: Martin Agnew (@MartyAgnew) (@AgnewSerlingGroup), Ryan R. Serling (@RyanRS14), Joshua Yaris (@JoshYaris) & Bradly Wetherby (@BradWetherby) - Marcus & Millichap SALE PRICE: $1,125,000 SF: 1,500 ~ PPSF: $750

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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