Updated Oct 28, 2024
Flair Realty Acquires Retail Property In Whittier For $6.58M
8201 Greenleaf Avenue, Whittier, CA 90602, USA
$6,580,000
$435/SF
Building Size
15,120 SF
Asset Type
Retail
Closing
Oct 20, 2021
About this deal
AI
Flair Realty has recently acquired a retail property located at 8201 Greenleaf Ave. in Whittier. The property, spanning 15,120 square feet, was sold by Sol Feiner. The transaction, facilitated by Daniel Tyner and Gleb Lvovich from JLL, was completed on October 20, 2021, with a sale price of $6,580,000. The property is situated in the Whittier market, known for its vibrant retail sector.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,580,000
- Address: 8201 Greenleaf Ave., Whittier
- Market: Whittier
- Square Footage: 15,120
- Buyer: Flair Realty
- Seller: Sol Feiner
- Brokers: Daniel Tyner & Gleb Lvovich - JLL
This successful acquisition by Flair Realty showcases their investment in the Whittier retail market. With Daniel Tyner and Gleb Lvovich from JLL representing both buyer and seller, the deal was successfully executed, demonstrating their expertise in closing complex transactions. This transaction adds to Flair Realty's growing portfolio in the retail sector.
Players
Whittier 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
2.41%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93