Eileen Newhouse Facilitates Sale Of Retail Property In Hollywood For $6.3M
7110 Stirling Road
$6,300,000
$255/SF
Building Size
24,623 SF
Asset Type
Retail
Closing
Jun 21, 2021
About this deal
AI
The property involved in this transaction is a retail asset located at 7110-7162 Stirling Rd in Hollywood. The sale of this property took place on 06/22/2021. The property spans a total square footage of 24,623, with a price per square foot of $256. The total sale price for the property was $6,300,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,300,000
- Address: 7110-7162 Stirling Rd
- Market: Hollywood
- Square Footage: 24,623
- Price per Square Foot: $256
Eileen Newhouse served as the broker involved in this transaction.
Players
Hollywood 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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93