Bestop PRP, LLC Leases 43171 Square Feet At 43350 Business Park Dr Temecula With Cody Lerner And Gordon Mize
43350 Business Park Dr, Temecula, C...
Building Size
43,171 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 43350 Business Park Dr, Temecula, CA. This lease transaction encompasses a space with a total square footage of 43,171 in the Temecula market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 43350 Business Park Dr, Temecula, CA
- Market: Temecula
- Square Feet: 43,171
- Tenant: Bestop PRP, LLC
- Landlord: Temecula BP, LLC
- Tenant's Representative: Cody Lerner - Avison Young
- Landlord's Representative: Gordon Mize - Lee & Associates
Key individuals in this transaction include Cody Lerner representing the tenant, Bestop PRP, LLC, and Gordon Mize representing the landlord, Temecula BP, LLC. Their involvement highlights the collaboration between Avison Young and Lee & Associates in facilitating this lease agreement.
Players
Temecula CRE Market Snapshot
Boundary boundary · CRE · Lease 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