Jupiter Property Investment LLC Acquires Retail Property In Valley Village For $5.65M
5222-5228 Hermitage Avenue
Retail
18,009 SF
18,009 SF
Sold 1 year ago
+ 3
Summary
Located in Valley Village, the retail property at 5222-5228 Hermitage Ave recently changed hands in a closed transaction. The property spans across 18,009 square feet, offering a total of 20 units. The sale price for this asset was $5,650,000, resulting in a price per unit of $282,500. With a price per square foot of $313.73, the property was sold at a 4.06% cap rate.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,650,000
- Address: 5222-5228 Hermitage Ave
- Market: Valley Village
- Number of Units: 20
- Price per Unit: $282,500
- Square Footage: 18,009
- Price per Square Foot: $313.73
- Cap Rate: 4.06%
Jupiter Property Investment LLC acquired the property, facilitated by the brokers involved in the deal: Sam Liberow, Michael Sterman, Filip Niculete, Glen Scher, and Jonathan Erster.
Players
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6
Agents
5
Agencies
1
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5222-5228 Hermitage Avenue
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