Updated Oct 29, 2024
NAI Capital Commercial Acquires Retail Property In Chatsworth, CA For $4.6M
9108 De Soto Avenue, Chatsworth, California 91311, United States
$4,600,000
$2,300,000/SF
Building Size
2 SF
Asset Type
Retail
Closing
Jan 12, 2022
About this deal
AI
Located at 9108 De Soto Avenue in Chatsworth, CA, this retail property was recently sold in a transaction facilitated by NAI Capital Commercial and CBRE Group Inc. With a sale price of $4,600,000, the property spans across 2,500 square feet, resulting in a price per square foot of $1,840.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,600,000
- Address: 9108 De Soto Avenue
- Market: Chatsworth, CA
The buyer's representative in this deal was Mehran Foroughi from NAI Capital Commercial, while the seller's representatives were Alex Kozakov and Patrick Wade from CBRE Group Inc. The involvement of these key individuals and companies highlights their role in facilitating the transaction.
On the Map
$4,600,000
$2,300,000/SF
Retail
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Chatsworth 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
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93