Updated Dec 21, 2023
Artin Aghakiant Acquires Tujunga Retail Property For $2.65M
7106 Foothill Boulevard, Sunland-Tujunga, California 91042, United States
$2,650,000
$353/SF
Building Size
7,500 SF
Asset Type
Retail
Closing
Feb 27, 2022
About this deal
AI
An retail property located at 7106-7112 Foothill Blvd in Tujunga, CA has been sold for a price of $2,650,000. The property spans 7,500 square feet and was sold at a price per square foot of $353.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,650,000
- Date: 02/28/2022
- Address: 7106-7112 Foothill Blvd, Tujunga, CA
- Market: Tujunga, CA
The buyer of this retail property was Artin Aghakiant, and the seller was Ararat Tahmazyan. The transaction was facilitated by Eduard Khachatryan of Global Equity Partners.
On the Map
$2,650,000
$353/SF
Retail
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93