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43191 Rancho Way, Temecula,...

Alvin Mansour & Jonathan Talia Of The Mansour Group Acquire Mixed-Use Property In Temecula For $11.85M
SOLDMixed-use

Alvin Mansour & Jonathan Talia Of The Mansour Group Acquire Mixed-Use Property In Temecula For $11.85M

43191 Rancho Way, Temecula, California 92590, United States

$11,850,000

$554/SF

Building Size

21,382 SF

Asset Type

Mixed-use

Closing

Nov 5, 2021

AI

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.

Players

Alvin Mansour

Marcus & Millichap

Broker

$121M

vol

7 deals

Broker

Temecula Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.34%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93