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11053 Riverside Drive

RealSource Group Sells Pilot Flying J Travel Center In Jurupa Valley For $14M
SOLDRetail

RealSource Group Sells Pilot Flying J Travel Center In Jurupa Valley For $14M

11053 Riverside Drive

$14,000,000

Building Size

Asset Type

Retail

Closing

Mar 21, 2024

AI

The sale involved a Pilot Flying J Travel Center located at 11053 Riverside Drive in Jurupa Valley, California. The property spans 11.5 acres and was sold for a total price of $14,000,000.

Summary of transaction details:

The transaction, which set national records, marked the buyer's first net-lease purchase. The deal was closed by RealSource Group, emphasizing the property's strategic location and multiple income streams.

Players

Austin Blodgett

RealSource Group

Broker

$44.8M

vol

11 deals

Broker

Jurupa Valley Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93