Forum Capital, LLC Acquires Property At 43223 Business Park Dr In Temecula For $2.68M
43223 Business Park Dr, Temecula, C...
$2,680,000
$106/SF
Building Size
25,182 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property located at 43223 Business Park Dr, Temecula, CA is a commercial asset sold for $2,680,000.00. This property encompasses a total square footage of 25,182 and is situated in the Temecula market, making it a significant transaction within the area.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $2,680,000.00
- Square Footage: 25,182
- Address: 43223 Business Park Dr, Temecula, CA
- Market: Temecula
- Buyer: Forum Capital, LLC
- Seller: Unknown
- Buyer's Representative: Cody Lerner - Avison Young
Cody Lerner of Avison Young represented Forum Capital, LLC in this transaction, facilitating the process of acquiring the property from an undisclosed seller. The details surrounding the seller remain unknown, indicating a level of confidentiality in this transaction.
Players
Temecula 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
5.92%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93