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26051 Acero
SOLD

Ali Mozayeni & Gisso Zarrabi Acquire Office Building In Mission Viejo For $3.5M

26051 Acero

Office
11,590 SF
clock iconSold 1 year ago
Morgan Adams
Mike Adams
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Summary

Sale
CALIFORNIA
Office
11,590 sqft

A 11,590 square feet office building located at 26051 Acero in Mission Viejo was recently sold. The property was owned by Easterly Government REIT and had the General Services Administration as a tenant. However, the tenant gave notice that they would be vacating the premises. The deal was successfully closed within three months of being listed on the market. This transaction was the only office transaction in South County between 10,000 and 20,000 square feet in the first eight months of the year.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $3,461,500
  • Address: 26051 Acero, Mission Viejo
  • Market: Mission Viejo
  • Buyer: Ali Mozayeni & Gisso Zarrabi
  • Seller: Easterly Government REIT - Andy Pulliam & Mark Bauer
  • Broker: Mike Adams & Morgan Adams - Stream Realty
  • Square Footage: 11,590 SF
  • Price per Square Foot: $298

The office building located at 26051 Acero in Mission Viejo was sold by Easterly Government REIT. The buyer of this property is Ali Mozayeni and Gisso Zarrabi. The transaction was facilitated by brokers Mike Adams and Morgan Adams from Stream Realty. It is worth noting that this was the only office transaction in South County between 10,000 and 20,000 square feet in the first eight months of the year.

Players

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    3

  • Agents

    2

  • Agencies

    1

Morgan Adams's profile picture
Morgan Adams
Stream Realty Partners⁠-image
Associate
$38.6M Sold
Mike Adams's profile picture

Details

Deal Summary
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SOLD
IMAGE: Mike Adams & Morgan Adams DATE: 06/14/2021 ADDRESS: 26051 Acero MARKET: Mission Viejo ASSET TYPE: Office BUYER: Ali Mozayeni & Gisso Zarrabi SELLER: Easterly Government REIT - Andy Pulliam & Mark Bauer BROKER: Mike Adams (@MikeGAdams) & Morgan Adams (@MAdamss) - Stream Realty ASKING PRICE: $3,824,700 SALE PRICE: $3,461,500 SF: 11,590 ~ PPSF: $298 NOTES: A 11,590 SF office building in Mission Viejo owned by Easterly Government REIT. Tenant was General Services Administration & they gave notice that they will be vacating. Deal sold to a user & was successfully closed within three months of hitting the market. 26051 Acero was the only office transaction is South County from 10,000 - 20,000 RSF in the first 8 months of the year. Reach out to @mikegadams to get an opinion of value on your property - http://www.oc-officevalues.com

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Address26051 Acero

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