WM Capital Sells Retail Property In Rancho Cucamonga For $6.1M
8700 Base Line Road, Rancho Cucamonga, California 91701, United States
$6,100,000
$663/SF
Building Size
9,195 SF
Asset Type
Retail
Closing
Feb 16, 2022
AI
The retail property located at 8700 Baseline Road in Rancho Cucamonga has been sold. The property spans a total area of 9,195 square feet and was sold for a price of $6,100,000, resulting in a price per square foot of $663. The transaction took place on February 17, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,100,000
- Address: 8700 Baseline Road, Rancho Cucamonga
- Market: Rancho Cucamonga
The seller of the property was WM Capital. The deal was facilitated by Brad Umansky from Progressive Real Estate Partners and Glenn Rudy from Newmark.
Players
Rancho Cucamonga 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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93