Updated Dec 21, 2023
Brandon Michaels Sells Retail Property In Sun Valley For $3.7M
8431 Sunland Blvd, Sun Valley, CA, USA
$3,700,000
$526/SF
Building Size
7,030 SF
Asset Type
Retail
Closing
Sep 8, 2019
About this deal
AI
The retail property located at 8431 Sunland Blvd in Sun Valley has been sold for $3,700,000. The property spans 7,030 square feet, resulting in a price-per-square-foot value of $526.32. The transaction took place on 09/09/2019.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,700,000
- Address: 8431 Sunland Blvd
- Market: Sun Valley
- Size: 7,030 square feet
- Price Per Square Foot: $526.32
Brandon Michaels, from the Brandon Michaels Group, served as the broker for this transaction.
The retail sale at 8431 Sunland Blvd, Sun Valley, CA, USA in Sun Valley, California sold for $3.7M in 2019. The building is 7,030 square feet, implying about 526 per square foot on the published price. Brandon Michaels, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Sun Valley, California file for the 8431 Sunland Blvd, Sun Valley, CA, USA retail sold: pricing, party profiles, and other closed retail comps from the same Sun Valley sit in the Market section below. Filter that Sun Valley retail set by closing date to see what else sold near 8431 Sunland Blvd, Sun Valley, CA, USA around 2019. Published consideration for 8431 Sunland Blvd, Sun Valley, CA, USA is $3.7M, dated 2019. Cite this Brandon Michaels Sells Retail Property In Sun Valley For $3.7M sale when underwriting similar retail product around Sun Valley, California.
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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93