7050 Katella Avenue LLC Sells Retail Property In Stanton For $11.3M
$11,300,000
$370/SF
Building Size
30,476 SF
Asset Type
Retail
Closing
Jan 25, 2021
AI
7050 Katella Avenue LLC has sold a retail property located in Stanton at 7050 Katella Avenue. The transaction took place on January 25, 2021. The property has a total square footage of 30,476, with a sale price of $11,300,000. The price per square foot was $370.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $11,300,000
- Square Footage: 30,476
- Seller: 7050 Katella Avenue LLC
- Brokers: Eric Wohl, Ed Hanley, CJ Kiehler, Oliver Wang
- Market: Stanton
- Representing Brokers: Hanley - RE/MAX Premier Properties
Eric Wohl, Ed Hanley, CJ Kiehler, and Oliver Wang were the brokers involved in the transaction. Hanley represented the seller, 7050 Katella Avenue LLC. The property, located at 7050 Katella Avenue in Stanton, was a retail asset. The sale price of $11,300,000 and the total square footage of 30,476 were key factors in the deal.
Players
Market 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
1.40%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93