Erik Egelko of Palm Tree Properties Closes $2.57M Retail Sale at 14007 Poway Road
SOLD
$2,575,000
California
See Similar DealsRetail3,840 SF
Sold 11/06/2025
SOLD
Erik Egelko of Palm Tree Properties Closes $2.57M Retail Sale at 14007 Poway Road
14007 Poway Road
See Similar DealsRetail3,840 SF
Sold 11/06/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$670
Total Square Footage:3,840 SF
Transaction Type:Sale
The property asset involved in the transaction is situated at 14007 Poway Road in the Poway market. This retail asset has a total square footage of 3,840 and was sold for $2,575,000, resulting in a price per square foot of $670.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,575,000
- Address: 14007 Poway Road
- Market: Poway
- Square Footage: 3,840
- Price Per Square Foot: $670
- Buyer: Resilience Land Holdings LLC
- Seller: Joey Hajdinak
- Broker: Erik Egelko - Palm Tree Properties
Key individuals in the deal include the buyer, Resilience Land Holdings LLC, and the seller, Joey Hajdinak. The transaction was facilitated by broker Erik Egelko from Palm Tree Properties, representing the interests of the parties involved in the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$137,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,148.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,206.81
Annual Debt Service$146,481.76
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