JH Real Estate Partners Acquires Retail Asset At 8520-8580 Whittier Blvd For $37.5M
8520-8580 Whittier Blvd.
$37,500,000
Units
129,641
Asset Type
Retail
Closing
Jun 4, 2025
AI
The asset involved in this transaction is a retail property located at 8520-8580 Whittier Blvd., Pico Rivera, CA, comprising a total area of 129,641 square feet. The property was sold for a transaction amount of $37,500,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $37,500,000.00
- Address: 8520-8580 Whittier Blvd.
- Market: Pico Rivera, CA
- Units: 129,641
- Buyer: JH Real Estate Partners
- Sale Date: 06/04/2025
In this transaction, JH Real Estate Partners acted as the buyer of the retail property, marking their involvement in this significant deal within the Pico Rivera market.
Players
Pico Rivera 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
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93