facebook
Traded Co logo
Submit

CBRE Sells Temecula Office Building On Ridgegate Dr For $5.18M

Property Image
SOLD
$5,180,000
Matt Pourcho
Bryan Johnson
Gary Stache
+ 2

California

See Similar Deals
Office352,580 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

CBRE Sells Temecula Office Building On Ridgegate Dr For $5.18M

1 Ridgegate, Temecula, CA 92590, USA

See Similar Deals
Office352,580 SF
Sold
Matt Pourcho
Bryan Johnson
Gary Stache
+ 2
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$14
Total Square Footage:352580 SF
Transaction Type:Sale

The property involved in this transaction is located at 1 Ridgegate Dr in Temecula. It is an office asset with a total area of 35,258 square feet. The transaction took place on June 26, 2020, and the property was sold for $5,180,000. This equates to a price per square foot of $146. The seller of the property was MIG Real Estate.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $5,180,000

The brokers involved in this deal were Matt Pourcho, Gary Stache, Anthony DeLorenzo, Doug Mack, and Bryan Johnson from CBRE.

Players

Bryan Johnson
CBRE
Bryan Johnson
49 deals$763.9M volume(949) 809-3762
BROKER
Doug Mack
CBRE
Doug Mack
20 deals$251.1M volume
BROKER
Gary Stache
CBRE
Gary Stache
33 deals$481.9M volume
BROKER
Anthony DeLorenzo
CBRE
Anthony DeLorenzo
116 deals$2B volume
BROKER
Matt Pourcho
CBRE
Matt Pourcho
48 deals$650.7M volume
BROKER
MIG Real Estate
MIG Real Estate
SELLER

Details

SOLD
IMAGE: Matt Pourcho, Gary Stache, Anthony DeLorenzo & Bryan Johnson DATE: 06/26/2020 ADDRESS: 1 Ridgegate Dr MARKET: Temecula ASSET TYPE: Office PRICE: $5,180,000 SF: 35,258 PPSF: $146 SELLER: MIG Real Estate BROKERS: Matt Pourcho, Gary Stache, Anthony DeLorenzo, Doug Mack & Bryan Johnson – CBRE

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$276,266.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,403.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,555.84
Annual Debt Service$294,670.11