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22555 Alessandro Blvd, More...

Centurion Fuchigami International Inc Acquires Office Building On Alessandro Blvd For $7M
SOLDOffice

Centurion Fuchigami International Inc Acquires Office Building On Alessandro Blvd For $7M

22555 Alessandro Blvd, Moreno Valley, CA 92553, USA

$7,000,000

$478/SF

Building Size

14,616 SF

Asset Type

Office

Closing

May 7, 2020

AI

The office property located at 22555 Alessandro Blvd in Moreno Valley has been sold in a closed transaction. Centurion Fuchigami International Inc acquired the property for $7,000,000. The property spans an area of 14,616 square feet, resulting in a price per square foot of $478.

Summary of transation details

Terry Okuyama from Berkshire Hathaway represented the buyer, Centurion Fuchigami International Inc in this transaction. The seller's representatives were Sammy Cemo, Gary Stache, Anthony DeLorenzo, Doug Mack, and Bryan Johnson from CBRE.

Players

Bryan Johnson

CBRE

Broker

$763.9M

vol

49 deals

Broker

Moreno Valley Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93