Updated Dec 21, 2023
Jonathan Krikorian, Clark Everitt, William Everitt Acquire Retail Property In Northridge For $9.7M
8800 Tampa Avenue, Northridge, CA 91324, USA
$9,695,000
$687/SF
Building Size
14,100 SF
Asset Type
Retail
Closing
Oct 28, 2018
About this deal
AI
An approximately 14,280 square foot retail property located at 8800 Tampa Ave in Northridge, 91324 was recently sold for a total price of $9,695,000. The transaction took place on October 29, 2018, in the Northridge market. The property sits on 1.28 acres of land and is zoned as LAM2.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $9,695,000
- Address: 8800 Tampa Ave
- Date: 10/29/18
- Market: Northridge
- City: Northridge, 91324
- SF (Land): 1.28 acres
- SF (Building): ± 14,280 SF
- Zoning: LAM2
The buyer representative for this transaction was Jonathan Krikorian, Clark Everitt, and William Everitt.
On the Map
$9,695,000
$687/SF
Retail
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Players
Northridge 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
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93