Cypress West Partners Acquires Property In Redlands For $6.3 Million With Broker Gary Stache
SOLD
$6,300,000
California
See Similar DealsOffice52,407 SF
SOLD
Cypress West Partners Acquires Property In Redlands For $6.3 Million With Broker Gary Stache
1776 W Park Ave, Redlands, CA, 92373
See Similar DealsOffice52,407 SF
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$120
Total Square Footage:52,407 SF
Transaction Type:Sale
The property located at 1776 W Park Ave, Redlands, CA, 92373, is part of the Redlands market. It consists of 52,407 square feet and was sold for $6,300,000.00.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $6,300,000.00
- Address: 1776 W Park Ave, Redlands, CA, 92373
- Market: Redlands
- Buyer: Cypress West Partners
- Seller: Northstar Commercial Partners
- Buyer's Representative: Lon Mapes - LDM Commercial
- Seller's Representative: Doug Mack - CBRE
- Broker: Gary Stache - CBRE
This transaction features key participants such as Cypress West Partners acquiring the property from Northstar Commercial Partners. Lon Mapes from LDM Commercial represented the buyer, while Doug Mack from CBRE served as the seller's representative. Gary Stache, also from CBRE, acted as the broker in the deal.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$336,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,382.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,865.21
Annual Debt Service$358,382.57
Is there something missing? Send suggestions