Anton Jasser Acquires Retail Property In Pasadena From Seller Polly Tedrow
4010 Fairmont Parkway
Building Size
19,600 SF
Asset Type
Retail
Closing
Dec 29, 2023
About this deal
AI
The retail property located at 4010 Fairmont Parkway in Pasadena, spanning 19,600 square feet, was recently sold in a transaction. The sale involved the buyer, Anton Jasser, and the seller, Polly Tedrow, with John Baddour from HighStreet Net Lease Group representing the buyer.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 4010 Fairmont Parkway
- Market: Pasadena
John Baddour from HighStreet Net Lease Group acted as the buyer's representative in the sale of the retail property at 4010 Fairmont Parkway, facilitating the transaction between Anton Jasser and Polly Tedrow.
Players
Pasadena 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93