BV Azusa LLC Sells Retail Property In West Covina, CA For $3.875M
711 North Azusa Avenue, West Covina, CA 91791, USA
$3,875,000
$1,550/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Jun 7, 2020
AI
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
West Covina 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
4.09%
Cash-on-Cash
-1.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93