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Soheil Satbani Acquires Retail Property In Northridge For $10.1M With Buyer's Rep Justin Kohanoff & Seller's Reps Jonathan Krikorian, Clark Everitt & William Everitt

Property Image
SOLD
$10,130,126
Jonathan Krikorian
Justin Kohanoff
William Everitt
+ 2

California

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Retail55,756 SF
Sold 01/26/2023
the dealplayerscompscontact
Property Image
SOLD

Soheil Satbani Acquires Retail Property In Northridge For $10.1M With Buyer's Rep Justin Kohanoff & Seller's Reps Jonathan Krikorian, Clark Everitt & William Everitt

8800 Tampa Avenue

See Similar Deals
Retail55,756 SF
Sold 01/26/2023
Jonathan Krikorian
Justin Kohanoff
William Everitt
+ 2
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$181
Total Square Footage:55,756 SF
Transaction Type:Sale

An asset type retail property located at 8800 Tampa Avenue in Northridge has been sold. The property spans 14,280 square feet and was sold for a price of $10,130,126, resulting in a price per square foot of $709.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $10,130,126
  • Square Footage: 14,280
  • Address: 8800 Tampa Avenue, Northridge

The buyer of the property is Soheil Satbani, while the seller is Hillary Greene-Pae. Justin Kohanoff from Westgate Property Group represented the buyer, and Jonathan Krikorian, Clark Everitt, and William Everitt from IREA represented the seller in this transaction.

Players

Clark Everitt
IREA
Clark Everitt
9 deals$72.9M volume
BROKER
Justin Kohanoff
Justin Kohanoff
12 deals$107.5M volume
BROKER
William Everitt
IREA
William Everitt
9 deals$72.9M volume
BROKER
Jonathan Krikorian
IREA
Jonathan Krikorian
10 deals$70.5M volume
BROKER
SS
Soheil Satbani
2 deals$16.1M volume
BUYER

Details

SOLD
IMAGE: William Everitt, Justin Kohanoff, Clark Everitt & Jonathan Krikorian DATE: 01/26/2023 ADDRESS: 8800 Tampa Avenue MARKET: Northridge ASSET TYPE: Retail BUYER: Soheil Satbani SELLER: Hillary Greene-Pae BUYER'S REP: Justin Kohanoff (@JustinKohanoff) – Westgate Property Group SELLER'S REP: Jonathan Krikorian (@Jkrikorian89), Clark Everitt & William Everitt (@Wleveritt) - IREA (@I.R.E.A) SALE PRICE: $10,130,126 SF: 14,280 ~ PPSF: $709

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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Cash Flow (Annual)-$35,990.20
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