Updated Feb 21, 2025
Robert Rivani Acquires Retail Property In Thousand Oaks For $8M With Broker Daniel Tyner - JLL
692 N Moorpark Rd Thousand Oaks, CA 91360, USA
$8,000,000
$333/SF
Building Size
23,958 SF
Asset Type
Retail
Closing
Aug 30, 2023
About this deal
AI
The property involved in this transaction is a retail asset located at 692 N Moorpark Rd in Thousand Oaks. The sale took place on 08/30/2023, with a total sale price of $8,000,000. The property spans 23,958 square feet, resulting in a price per square foot of $334.
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: $8,000,000
- Address: 692 N Moorpark Rd, Thousand Oaks
- Market: Thousand Oaks
The buyer in this transaction was Robert Rivani. Daniel Tyner, representing JLL, acted as the broker in the deal.
Market 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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93