facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Retail

/

Sale

/

7901 Walerga Road, Antelope...

Agora Realty & Management Acquires Retail Property In Antelope For $33M With Brokers Ryan Thompson & Roman Benvenuti - Palmer Capital
SOLDRetail

Agora Realty & Management Acquires Retail Property In Antelope For $33M With Brokers Ryan Thompson & Roman Benvenuti - Palmer Capital

7901 Walerga Road, Antelope, California 95843, United States

$33,000,000

$285/SF

Building Size

115,522 SF

Asset Type

Retail

Closing

Jun 5, 2022

AI

7901 Walerga Road, a retail property located in Antelope, has been sold in a transaction valued at $33,000,000. The property spans a total of 115,522 square feet, resulting in a price per square foot of $285. The sale took place on 06/06/2022.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $33,000,000
  • Address: 7901 Walerga Road
  • Market: Antelope

The buyer of the property is Agora Realty & Management, while the seller is Philips Edison & Co. Representing the buyer and seller in this transaction were Ryan Thompson and Roman Benvenuti from Palmer Capital respectively.

Players

Roman Benvenuti

Palmer Capital

Broker

$33M

vol

1 deal

Broker
AM
Agora Realty & ManagementBuyer
PC
Philips Edison & Co.Seller

Antelope Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93