Masagana Properties Sells Retail Property In Yucca Valley For $6.5M, Represented By Jaime Salazar & Daniel Hurd - Marcus & Millichap
SOLD
$6,500,000
California
See Similar DealsRetail9,100 SF
Sold 04/28/2022
SOLD
Masagana Properties Sells Retail Property In Yucca Valley For $6.5M, Represented By Jaime Salazar & Daniel Hurd - Marcus & Millichap
1059 Old Woman Springs Road, Yucca Valley, California 92284, United States
See Similar DealsRetail9,100 SF
Sold 04/28/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$714
Total Square Footage:9,100 SF
Transaction Type:Sale
The retail property located at 1059 Old Woman Springs Road in Yucca Valley has been sold for a total price of $6,500,000. This property spans approximately 9,100 square feet, resulting in a price per square foot of $714. The sale was conducted by Masagana Properties, with the representation of brokers Jaime Salazar and Daniel Hurd from Marcus & Millichap.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,500,000
- Address: 1059 Old Woman Springs Road
- Market: Yucca Valley
Jaime Salazar and Daniel Hurd from Marcus & Millichap played key roles in the sale of this retail property. They represented Masagana Properties throughout the transaction, ensuring a successful deal. With their expertise, the property was sold at a desirable price, reflecting the current market conditions in Yucca Valley.
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)
$346,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,813.32
Annual Debt Service$369,759.79
Is there something missing? Send suggestions