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15 Mareblu, Aliso Viejo, Ca...

John Scruggs & Daniel Nabavi Of Newmark Acquire Medical Office In Aliso Viejo For $17.5M
SOLD

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

John Scruggs

CBRE

Broker

$133.7M

vol

5 deals

Broker
Newmark
NewmarkBrokerage

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