Updated Nov 9, 2026
CBRE Represents Seller In $18.3M Sale Of Retail Properties At Eastvale Gateway South
12464 Limonite Avenue & 12574 Limonite Avenue
$18,300,000
$77/SF
Building Size
236,096 SF
Asset Type
Retail
Closing
Oct 30, 2026
About this deal
AI
The transaction involves the sale of five retail properties located at 12464-12574 Limonite Avenue in Eastvale, California. The total sale price was $18,300,000, covering a portfolio of 236,096 square feet across 5.4 acres. The properties are occupied by various businesses, including Little Caesars, Wingstop, Jay’s Barbershop, Corky’s Kitchen, Chevron, Walgreens, Taco Bell, and McDonald’s.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,300,000
- Square Footage: 236,096
- Address: 12464-12574 Limonite Avenue
- Market: Eastvale, CA
- Price Per Square Foot: $78
- Acres: 5.4
- Brokers: Edward Matevosian, Cray Carlson & Jenny Eng - CBRE
CBRE played a crucial role in facilitating this transaction, with Edward Matevosian, Cray Carlson, and Jenny Eng representing the seller throughout the process.
On the Map
$18,300,000
$77/SF
Retail
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Eastvale 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93