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BV Azusa LLC Sells Retail Property In West Covina, CA For $3.875M

Property Image
SOLD
$3,875,000
Ryan Rothstein-Serling
Matt Burnett
Martin Agnew

California

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Retail2,500 SF
Sold 06/07/2020
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Property Image
SOLD

BV Azusa LLC Sells Retail Property In West Covina, CA For $3.875M

711 North Azusa Avenue, West Covina, CA 91791, USA

See Similar Deals
Retail2,500 SF
Sold 06/07/2020
Ryan Rothstein-Serling
Matt Burnett
Martin Agnew
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,550
Total Square Footage:2,500 SF
Transaction Type:Sale

Located at 711 North Azusa Ave in West Covina, this retail property was recently sold for a sale price of $3,875,000. The property spans 2,500 square feet, resulting in a price per square foot of $1,550.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $3,875,000
  • Address: 711 North Azusa Ave, West Covina
  • Market: West Covina

The seller of the property was BV Azusa LLC. The transaction was facilitated by the brokers Ryan Serling and Martin Agnew from Marcus & Millichap, along with Matt Burnett from Hanley Investment Group.

Players

Martin Agnew
Marcus & Millichap
Martin Agnew
119 deals$436.8M volume
BROKER
Matt Burnett
Hanley Investment Group
Matt Burnett
7 deals$77.2M volume
BROKER
Ryan Rothstein-Serling
Marcus & Millichap
Ryan Rothstein-Serling
122 deals$509.8M volume(818) 212-2725
BROKER

Details

SOLD
IMAGE: Ryan Serling & Martin Agnew DATE: 06/07/2021 ADDRESS: 711 North Azusa Ave MARKET: West Covina ASSET TYPE: Retail SELLER: BV Azusa LLC BROKERS: Ryan Serling (@RyanrS14) & Martin Agnew (@MartyAgnew) - (@AgnewSerlingGroup) Marcus & Millichap, Matt Burnett - Hanley Investment Group SALE PRICE: $3,875,000 SF: 2,500 ~ PPSF: $1,550

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$13,767.07
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