Ankle & Foot Care Center Inc Acquires Retail Property From Parson Associates For $4.225M
SOLD
$4,225,000
California
See Similar DealsRetail14,400 SF
Sold 02/25/2026
SOLD
Ankle & Foot Care Center Inc Acquires Retail Property From Parson Associates For $4.225M
12205 Centralia Street
See Similar DealsRetail14,400 SF
Sold 02/25/2026
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$293
Total Square Footage:14,400 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$225,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,010.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,028.66
Annual Debt Service$240,343.87
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