Sentre Acquires Industrial Asset In Temecula For $40.75M From Seller Stos Partners
42301 Zevo Drive, Temecula, CA, USA
$40,750,000
$178/SF
Building Size
228,912 SF
Asset Type
Industrial
Closing
Jul 22, 2020
AI
An industrial property located at 42301 Zevo Drive in Temecula has been sold in a transaction valued at $40,750,000. The property has a total area of 228,912 square feet, resulting in a price per square foot of $178. The sale took place on July 22, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $40,750,000
- Address: 42301 Zevo Drive
- Market: Temecula
The buyer of the property was SENTRE, while Stos Partners acted as the seller. CBRE's Darla Longo, Barbara Perrier, Louay Alsadek, and Hunter Rowe represented the seller, along with Bob Willingham from Kidder Matthews and Scott Stewart from Lee & Associates. These professionals played significant roles in facilitating the transaction.
Players
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
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93