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28410 Vincent Moraga Dr, Te...

Stos Partners Sells Industrial Property In Temecula For $10.4M
SOLDIndustrial

Stos Partners Sells Industrial Property In Temecula For $10.4M

28410 Vincent Moraga Dr, Temecula, CA 92590, USA

$10,400,000

$15/SF

Building Size

653,000 SF

Asset Type

Industrial

Closing

Jun 4, 2020

AI

The industrial property located at 28410 Vincent Moraga Dr in Temecula has been sold for a price of $10,400,000. This property spans across 65,300 square feet, making the price per square foot $159.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $10,400,000
  • Square Footage: 65,300
  • Price per Square Foot: $159
  • Address: 28410 Vincent Moraga Dr, Temecula
  • Market: Temecula

The seller of this industrial property is Stos Partners, represented by Jay Boyle. The deal was facilitated by the following brokers: Rob Gunness, Anthony DeLorenzo, and Matt Pourcho from CBRE, as well as Tucker Hohenstein and Mike Erwin from Colliers International.

Players

Mike Kerwin

Rosewood Realty Group

Broker

$292.3M

vol

31 deals

Broker
Stos Partners
Stos Partners Brokerage
Jay Boyle

Jay Boyle

Stos Partners

Seller

$110.4M

vol

5 deals

Seller

Temecula Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.53%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93