Updated Oct 28, 2024
Brixton Alto Shopping Center LLC Sells Retail Property In Moreno For $4.8M
12569 Centerpoint Drive, Moreno Valley, CA, USA
$4,800,000
$639/SF
Building Size
7,505 SF
Asset Type
Retail
Closing
Jul 23, 2020
About this deal
AI
Brixton Alto Shopping Center LLC has recently sold a retail property located at 12569 Centerpoint Drive in Moreno. The property, situated in the Moreno market, was sold on July 23, 2021. The sale price for this transaction was $4,800,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,800,000
- Address: 12569 Centerpoint Drive
- Market: Moreno
Terry Bortnick from Argent Retail Advisors represented the seller, Brixton Alto Shopping Center LLC, in this deal.
The retail sale at 12569 Centerpoint Drive, Moreno Valley, CA, USA in Moreno Valley, California sold for $4.8M in 2020. The building is 7,505 square feet, implying about 639 per square foot on the published price. Named participants on the 12569 Centerpoint Drive, Moreno Valley, CA, USA sale are Terry Bortnick. This page is the Moreno Valley, California file for the 12569 Centerpoint Drive, Moreno Valley, CA, USA retail sold: pricing, party profiles, and other closed retail comps from the same Moreno Valley sit in the Market section below. Filter that Moreno Valley retail set by closing date to see what else sold near 12569 Centerpoint Drive, Moreno Valley, CA, USA around 2020. Published consideration for 12569 Centerpoint Drive, Moreno Valley, CA, USA is $4.8M, dated 2020. Cite this Brixton Alto Shopping Center LLC Sells Retail Property In Moreno For $4.8M sale when underwriting similar retail product around Moreno Valley, California.
Players
Moreno 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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93