Updated Dec 19, 2023
900 W. Glenoaks Retail Sold In Glendale For $6.4M, Buyer: 900 W. Glenoaks, Seller: Gabledon II Family, Brokers: Andy Hairabedian, Karine Aslanian - The Agency
900 W Glenoaks Blvd, Glendale, CA 91202, USA
$6,425,000
$666/SF
Building Size
9,647 SF
Asset Type
Retail
Closing
Sep 22, 2020
About this deal
AI
The retail property located at 900 W Glenoaks in Glendale has been sold in a closed transaction. The sale took place on September 23, 2020. The property, with a total area of 9,647 square feet, was sold for a price of $6,425,000. This translates to a price per square foot of $666. The buyer of the property is 900 W. Glenoaks. The seller is Gabledon II Family. The brokers involved in this deal are Andy Hairabedian and Karine Aslanian from The Agency.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,425,000
- Address: 900 W Glenoaks
- Market: Glendale
- Square Footage: 9,647
- Price per Square Foot: $666
- Buyer: 900 W. Glenoaks
- Seller: Gabledon II Family
- Brokers: Andy Hairabedian, Karine Aslanian – The Agency
The deal was facilitated by Andy Hairabedian and Karine Aslanian from The Agency. They represented the buyer and seller, respectively, in the transaction. The involvement of these brokers highlights their expertise in the Glendale market and their ability to successfully close deals in the retail sector.
Players
Glendale 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
2.47%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93