Located in Temecula, the mixed-use property at 43191 Rancho Way has been sold in a closed transaction. The property comprises a total square footage of 21,382 and was sold for $11,850,000, resulting in a price per square foot of $554. This sale marks a record cap rate and price per square foot. The transaction was completed by all-cash 1031 buyers.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $11,850,000
• Square Footage: 21,382
• Address: 43191 Rancho Way, Temecula
• Market: Temecula

The transaction was facilitated by Alvin Mansour and Jonathan Talia from The Mansour Group at Marcus & Millichap. Alvin Mansour, a representative of the buyer/seller/landlord/tenant, and Jonathan Talia, another representative from The Mansour Group, played crucial roles in the successful completion of this deal. For more information on The Mansour Group and their net leased investment offerings, please visit their website at TheMansourGroup.com.

Note from broker: Record CAP Rate & Price per SqFt. All-Cash 1031 Buyers. Visit our website at TheMansourGroup.com for more info & any of your net leased investment needs.