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800 San Fernando Boulevard,...

Updated Dec 21, 2023

Natalia Shtapauk Acquires Retail Property In Burbank For $3.1M
SOLDRetail

Natalia Shtapauk Acquires Retail Property In Burbank For $3.1M

800 San Fernando Boulevard, Burbank, California 91502, United States

$3,100,000

$769/SF

Building Size

4,029 SF

Asset Type

Retail

Closing

Dec 6, 2021

About this deal

AI

The retail property located at 800 S. San Fernando Blvd. in Burbank has been sold. The transaction took place on 12/07/2021, and the property was purchased for a total of $3,100,000. The property spans a total area of 6,764 square feet, resulting in a price per square foot of $458. The buyer of the property is Natalia Shtapauk, while the seller is Sandra L. Satel. The transaction was facilitated by the Brandon Michaels Group, with Brandon Michaels and Matthew Luchs representing the buyer and seller respectively.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,100,000
  • Date: 12/07/2021
  • Address: 800 S. San Fernando Blvd.
  • Market: Burbank
  • Buyer: Natalia Shtapauk
  • Seller: Sandra L. Satel
  • Brokers: Brandon Michaels - The Brandon Michaels Group
    Matthew Luchs - The Brandon Michaels Group
  • Square Footage: 6,764
  • Price per Square Foot: $458

The successful sale of this retail property showcases the expertise of the Brandon Michaels Group, represented by brokers Brandon Michaels and Matthew Luchs. Natalia Shtapauk seized the opportunity to acquire this asset from seller Sandra L. Satel, demonstrating their strategic decision-making in the Burbank market.

Players

Brandon Michaels

Marcus & Millichap

Broker

$755.4M

vol

139 deals

Broker

Burbank Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $769 per square foot on a published $3.1M for 4,029 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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