Updated Dec 4, 2024
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
About this deal
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:
- Property Type: Retail
- Transaction Amount: $14,000,000
- Address: 11053 Riverside Drive
- Market: Jurupa Valley
- Seller: Ashutosh Kadakia - Greens Group
- Brokers: Austin Blodgett & Jonathan Schiffer - RealSource Group
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.
On the Map
$14,000,000
Retail
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Players
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