Guillermo Peralta Acquires Retail Property At 6451-6453 Van Nuys Blvd For $5.025M
6451 6453 Van Nuys Blvd
$5,025,000
$314/SF
Building Size
16,000 SF
Asset Type
Retail
Closing
Feb 17, 2025
AI
The asset involved in this transaction is a retail property located at 6451-6453 Van Nuys Blvd, in Van Nuys, CA. The sale price was $5,025,000, and the property spans 14,704 square feet, with a price per square foot of $341.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,025,000
- Buyer: Guillermo Peralta
- Seller: Hooshang Namvar
- Brokers: Jay Martinez & Fred Aframian - Kidder Mathews
- Date of Sale: 02/17/2025
- Marketplace: Van Nuys, CA
- Time to Market: Sold within 90 days
- Escrow Duration: 20 days after opening escrow
- Financing: Arranged through Equimax Lending for a high-leverage purchase
- Buyer Profile: Unique owner-user buyer implementing multiple concepts at the property
Jay Martinez and Fred Aframian of Kidder Mathews represented the seller in this transaction, facilitating the sale to the buyer, Guillermo Peralta. The brokerage team successfully procured a buyer aimed at implementing various concepts within the acquired retail space.
Players
Savannah 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
3.16%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93