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14122 Brookhurst Street

Luong Chao Purchases Retail Property On Brookhurst Street In Garden Grove For $18.36M
SOLDRetail

Luong Chao Purchases Retail Property On Brookhurst Street In Garden Grove For $18.36M

14122 Brookhurst Street

$18,360,000

$443/SF

Building Size

41,358 SF

Asset Type

Retail

Closing

Sep 22, 2025

AI

The asset involved in this transaction is a retail property located at 14122 Brookhurst Street in Garden Grove. The property encompasses a total area of 41,358 square feet and was sold for a price of $18,360,000, resulting in a price per square foot of $443.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $18,360,000
  • Square Footage: 41,358
  • Address: 14122 Brookhurst Street
  • Market: Garden Grove

Luong Chao served as the buyer in this transaction, while Tron Do was the seller. Tom Nguyen from eXp Commercial represented the seller during the deal, facilitating the transaction process.

Players

Tom Nguyen

Exp Commercial

Broker

$76.9M

vol

2 deals

Broker
EXP Realty
EXP RealtyBrokerage

Garden Grove 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

0.86%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93