John Scruggs & Daniel Nabavi Of Newmark Acquire Medical Office In Aliso Viejo For $17.5M
15 Mareblu, Aliso Viejo, California 92656, United States
$17,500,000
$511/SF
Building Size
34,222 SF
Asset Type
—
Closing
Jan 9, 2022
AI
A medical office located at 15 Mareblu in Aliso Viejo has been sold in a recent transaction. The property spans approximately 34,222 square feet and is situated in the Aliso Viejo market. The sale price for this medical office was $17,500,000, resulting in a price per square foot of $511.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: $17,500,000
- Address: 15 Mareblu
- Market: Aliso Viejo
The deal was facilitated by John Scruggs and Daniel Nabavi from Newmark. They represented the parties involved in the transaction.
Players
Aliso Viejo CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93