Updated Dec 21, 2023
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
Burbank 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93