Updated Nov 9, 2026
Southern Tire Mart Acquires Serrano Business Park II In Jurupa Valley For $45.03M
4420 Serrano Dr
$45,029,000
$249/SF
Building Size
180,840 SF
Asset Type
Industrial
Closing
Nov 3, 2026
About this deal
AI
The industrial asset located at 4350, 4388 & 4420 Serrano Drive in Jurupa Valley, CA, was sold for $45,029,000. The property encompasses a total square footage of 180,840, translating to a price per square foot of $249.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $45,029,000
- Buyer: Tommy Duff & Jim Duff - Southern Tire Mart
- Seller: Paul Fuhrman - Miramar Capital
- Square Footage: 180,840
- Price per Square Foot: $249
- Market: Jurupa Valley, CA
The transaction involved Tommy Duff and Jim Duff representing Southern Tire Mart in the acquisition, while Paul Fuhrman represented Miramar Capital as the seller. This sale represents the breakup of Miramar's three-building industrial campus.
On the Map
$45,029,000
$249/SF
Industrial
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Players
Miramar 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93