Updated Dec 21, 2023
Brandon Michaels, Matthew Luchs, And Steven Schechter Facilitate $6.7M Retail Sale On Vineland Ave
8045 Vineland Avenue, Sun Valley, CA, USA
$6,700,000
$181/SF
Building Size
36,915 SF
Asset Type
Retail
Closing
Apr 6, 2021
About this deal
AI
The retail property located at 8045 Vineland Ave in Sun Valley, East San Fernando Valley, has been sold for a price of $6,700,000. The transaction took place on April 7, 2021. The property spans an area of 36,915 square feet, resulting in a price per square foot of $181.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,700,000
- Address: 8045 Vineland Ave, Sun Valley, East San Fernando Valley
- Market: Sun Valley, East San Fernando Valley
Brandon Michaels, Matthew Luchs, and Steven Schechter were the brokers involved in facilitating this sale. They represented the parties in the transaction.
Players
Sun Valley 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
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93