Updated Dec 21, 2023
Anuja Shah Acquires Highland Retail Property For $5.9M
7354 Stoney Creek Drive, Highland, California 92346, United States
$5,900,000
$288/SF
Building Size
20,455 SF
Asset Type
Retail
Closing
May 9, 2022
About this deal
AI
A retail property located at 7354 Stoney Creek Dr. in Highland was recently sold for $5,900,000. The property spans across 20,455 square feet, resulting in a price per square foot of $288.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,900,000
- Date: 05/10/2022
- Address: 7354 Stoney Creek Dr.
- Market: Highland
The buyer in this transaction was Anuja Shah, while the seller was Bill Jamal. SVN Capital West Partners represented the buyer, and Ken McLeod, Alex Vasquez, and Patrick Ylagan from CBRE represented the seller.
There are no additional details available regarding this sale.
Players
Highland 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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93