Skin Perfect Acquires Retail Property In Glendora, CA For $2.6M
Lone Hill & Route 66
$2,600,000
$92/SF
Building Size
28,000 SF
Asset Type
Retail
Closing
Mar 10, 2023
AI
A retail property located at Lone Hill & Route 66 in Glendora, CA has been sold in a closed transaction. The property, spanning 28,000 square feet, was purchased by Skin Perfect from the seller, Burk Family, for a total amount of $2,600,000. The price per square foot for the transaction was $93.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,600,000
- Address: Lone Hill & Route 66, Glendora, CA
- Buyer: Skin Perfect
- Seller: Burk Family
- Broker: Vanessa Haddad - CBRE
- Square Footage: 28,000
- Price Per Square Foot: $93
The deal was facilitated by Vanessa Haddad from CBRE. As the buyer's representative, Vanessa played a crucial role in the transaction, ensuring a successful outcome for both parties involved.
Players
Allison 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93