SOLDRetail
Marcus & Millichap Brokers Acquire Retail Property In Westmont For $2.8M
11 East Ogden Avenue
$2,827,350
$158/SF
Building Size
17,860 SF
Asset Type
Retail
Closing
Aug 4, 2022
AI
The retail property located at 11 E Ogden Ave in Westmont has been sold in a closed transaction. The property spans a total area of 17,860 square feet and was sold for a price of $2,827,350, resulting in a price per square foot of $158.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,827,350
- Address: 11 E Ogden Ave, Westmont
- Market: Westmont
The sale of the property was facilitated by the brokers Jack Stanton and Kyle Stengle from Marcus & Millichap.
Players
Westmont Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.61%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93