Updated Oct 29, 2024
Brennan Investment Group Acquires Industrial Building In Temecula For $26.85M
43195 Business Park Dr Temecula, CA 92590, USA
$26,850,000
$165/SF
Building Size
162,520 SF
Asset Type
Industrial
Closing
Aug 31, 2023
About this deal
AI
Brennan Investment Group has acquired an 11.5-acre industrial property located at 43195 Business Park Drive in Temecula. The property consists of a 162,520 square foot building and was sold for a total of $26.85 million. The transaction was completed on August 31, 2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $26,850,000
- Address: 43195 Business Park Drive
- Market: Temecula
- Acreage: 11.5 acres
- Square Footage: 162,520
The property was sold by Furniture City, an entity linked to the seller. The industrial building is conveniently situated just off Interstate 15, providing easy access to major transportation routes. The acquisition was led by Michael Brennan, representing Brennan Investment Group, as the buyer's representative in the transaction.
Temecula Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Brennan 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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93