Updated Dec 21, 2023
Progressive Real Estate Partners Sells Retail Property In Rancho Cucamonga For $3.3M
6644 Carnelian Street, Rancho Cucamonga, CA, USA
$3,300,000
$771/SF
Building Size
4,278 SF
Asset Type
Retail
Closing
Jun 22, 2020
About this deal
AI
Located in Rancho Cucamonga, the retail property at 6644 Carnelian St has been sold for a total price of $3,300,000. The transaction took place on June 22, 2021. The property spans a total area of 4,278 square feet, resulting in a price per square foot of $771.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,300,000
- Address: 6644 Carnelian St, Rancho Cucamonga
- Market: Rancho Cucamonga
- Square Footage: 4,278
- Price per Square Foot: $771
The sale was facilitated by Greg Bedell from Progressive Real Estate Partners.
Rancho Cucamonga 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93