Camden Realty Acquires Retail Property In Pasadena For $11.85M
SOLD
$11,854,000
California
See Similar DealsRetail13,625 SF
Sold 12/07/2018
SOLD
Camden Realty Acquires Retail Property In Pasadena For $11.85M
727 South Arroyo Parkway, Pasadena, CA 91105, USA
See Similar DealsRetail13,625 SF
Sold 12/07/2018
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$870
Total Square Footage:13,625 SF
Transaction Type:Sale
A retail property located at 727 S Arroyo Pkwy in Pasadena has been sold for $11,854,000. The property spans across 13,625 square feet, resulting in a price per square foot of $870.02. The sale took place on December 7, 2018. The buyer was Camden Realty, while the seller was Realty Bancorp Equities.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,854,000
- Square Footage: 13,625
- Price Per Square Foot: $870.02
- Date: 12/07/2018
- Address: 727 S Arroyo Pkwy, Pasadena
- Market: Pasadena
Kyle Gulock and Michael Asarch, representing their respective agencies, were the brokers involved in this transaction.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$632,213.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$42,114.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$56,194.01
Annual Debt Service$674,328.09
Is there something missing? Send suggestions