facebook

traded

+ Submit
Home

/

Deals

/

California

/

Retail

/

Sale

/

9108 De Soto Avenue, Chatsw...

NAI Capital Commercial Acquires Retail Property In Chatsworth, CA For $4.6M
SOLDRetail

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

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.

Players

Alex Kozakov

CBRE

Broker

$349.3M

vol

17 deals

Broker

Chatsworth Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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