Updated Oct 29, 2024
MCA Realty Acquires Industrial Property In Temecula For $10M
27711 Diaz Rd, Temecula, CA, 92590
$10,000,000
$76/SF
Building Size
131,577 SF
Asset Type
Industrial
Closing
Nov 20, 2023
About this deal
AI
The industrial facility located at 27711 Diaz Rd in Temecula, CA, 92590 has been sold in a recent transaction. This two-building property spans 131,577 square feet, offering multi-tenant industrial space in the Temecula market. The property was acquired by a local investor for $14 million.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14,000,000.00
- SELLER'S REP: Mahlon Tobias (Tobias Commercial)
- BUYER: MCA Realty
- SELLER: Unknown
- SF: 131,577
Scott Stewart of Lee & Associates represented the seller in this transaction, while Barret Woods, also of Lee & Associates, served as the buyer's representative. The buyer, MCA Realty, had initially acquired the property for $10 million back in September 2018. Under MCA's ownership, the asset underwent significant upgrades, including the installation of LED lighting, updated asphalt, enhanced parking facilities, and an expanded fenced yard space.
Players
Temecula Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Tobias Commercial to view all their deals.
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93