Marcus & Millichap Closes $6.44M Sale Of Val Verde Place Shopping Center In La Vista Nebraska
9631 Giles Road
$6,435,000
$132/SF
Building Size
48,712 SF
Asset Type
Retail
Closing
Nov 26, 2024
AI
The property involved in the transaction is Val Verde Place Shopping Center, a 23-suite retail asset located at 9631 Giles Road in La Vista, NE. The sale was completed at a price of $6,435,000, encompassing a total square footage of 48,712, which translates to a price per square foot of $132.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,435,000
- Square Footage: 48,712
- Price per Square Foot: $132
- Address: 9631 Giles Road
- Market: La Vista, NE
The transaction was represented by brokers Alex Perez, Austin Sweet, and Chris Garavaglia from Marcus & Millichap, highlighting the involvement of these individuals in facilitating the sale of the property.
Players
La Vista 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
2.47%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93