Updated Oct 29, 2024
Telos Capital & Warner Pacific Properties Sell Retail Property In San Gabriel Valley For $30.5M
737 East Huntington Drive, Monrovia, CA, USA
$30,500,000
$281/SF
Building Size
108,464 SF
Asset Type
Retail
Closing
Aug 21, 2019
About this deal
AI
The retail property located at 737 E. Huntington Drive in San Gabriel Valley was recently sold for a staggering price of $30,500,000. The property was sold in a closed transaction on 08/22/2019. The asset, situated in a prime location in San Gabriel Valley, offers great potential for retail business ventures.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $30,500,000
The sale was facilitated by the collaboration of multiple parties. The sellers, Telos Capital and Warner Pacific Properties, entrusted CBER's brokers Jimmy Slusher, Patrick Wade, Alex Kozakov, Sean Heitzler, and Philip Voorhees with the task of finding a suitable buyer. Additionally, Sheila Alimadadian from Marcus & Millichap played a crucial role in representing the sellers in this transaction.
On the Map
$30,500,000
$281/SF
Retail
View full map
Players
Monrovia Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Philip Voorhees to view all their deals.
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93