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Marcus & Millichap Closes $6.44M Sale Of Val Verde Place Shopping Center In La Vista Nebraska
SOLD
$6,435,000
Nebraska
See Similar DealsRetail48,712 SF
Sold 11/26/2024
SOLD
Marcus & Millichap Closes $6.44M Sale Of Val Verde Place Shopping Center In La Vista Nebraska
9631 Giles Road
See Similar DealsRetail48,712 SF
Sold 11/26/2024
Summary
NEBRASKA
Asset Type:Retail
Price Per Square Foot:$132
Total Square Footage:48,712 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$343,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,862.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,505.18
Annual Debt Service$366,062.20
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