Updated Aug 4, 2026
Ankle & Foot Care Center Inc Acquires Retail Property From Parson Associates For $4.225M
12205 Centralia Street
$4,225,000
$293/SF
Building Size
14,400 SF
Asset Type
Retail
Closing
Feb 25, 2026
About this deal
AI
The retail asset located at 12205 Centralia Street in Lakewood was sold for $4,225,000. This property encompasses a total square footage of 14,400, resulting in a price per square foot of $293.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,225,000
- Buyer: Ankle & Foot Care Center, Inc.
- Seller: Parson Associates
- Broker: Drew McAllister - NRE Commercial
The transaction involved Drew McAllister representing the brokerage firm NRE Commercial, facilitating the deal between the buyer and seller.
The retail sale at 12205 Centralia Street in Lakewood, California sold for $4.2M in 2026. The building is 14,400 square feet, implying about 293 per square foot on the published price. Named participants on the 12205 Centralia Street sale are Drew McAllister. This page is the Lakewood, California file for the 12205 Centralia Street retail sold: pricing, party profiles, and other closed retail comps from the same Lakewood sit in the Market section below. Filter that Lakewood retail set by closing date to see what else sold near 12205 Centralia Street around 2026. Published consideration for 12205 Centralia Street is $4.2M, dated 2026. Cite this Ankle & Foot Care Center Inc Acquires Retail Property From Parson Associates For $4.225M sale when underwriting similar retail product around Lakewood, California.
On the Map
$4,225,000
$293/SF
Retail
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Players
Lakewood 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
3.75%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93