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9420 Scranton Road, San Die...

Updated Dec 22, 2023

SRS Real Estate Partners Facilitates $8.1M Sale Of Retail Property In San Diego
SOLDRetail

SRS Real Estate Partners Facilitates $8.1M Sale Of Retail Property In San Diego

9420 Scranton Road, San Diego, California 92121, United States

$8,100,000

Building Size

Asset Type

Retail

Closing

Aug 21, 2022

About this deal

AI

A retail property located at 9420 Scranton Road in San Diego has been sold for $8,100,000. The transaction took place on August 22, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $8,100,000
  • Address: 9420 Scranton Road
  • Market: San Diego

The sale of the retail property was facilitated by Matthew Mousavi and Patrick Luther of SRS Real Estate Partners.

The retail sale at 9420 Scranton Road, San Diego, California 92121, United States in San Diego, California sold for $8.1M in 2022. 9420 Scranton Road, San Diego, California 92121, United States is classified as Retail on Traded. Matthew Mousavi, Patrick Luther, SRS Real Estate Partners appear on the sale alongside SRS Real Estate Partners. This page is the San Diego, California file for the 9420 Scranton Road, San Diego, California 92121, United States retail sold: pricing, party profiles, and other closed retail comps from the same San Diego sit in the Market section below. Filter that San Diego retail set by closing date to see what else sold near 9420 Scranton Road, San Diego, California 92121, United States around 2022. Published consideration for 9420 Scranton Road, San Diego, California 92121, United States is $8.1M, dated 2022. Cite this SRS Real Estate Partners Facilitates $8.1M Sale Of Retail Property In San Diego sale when underwriting similar retail product around San Diego, California.

Players

Patrick Luther

SRS Real Estate Partners

Broker

$960.8M

vol

64 deals

Broker

San Diego 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

1.96%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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