Updated Sep 9, 2024
Keegan & Coppin Represents Buyer In $10.5M Retail Sale In San Jacinto, CA
1821 S San Jacinto Ave. San Jacinto, CA 92583, USA
$10,500,000
$705/SF
Building Size
14,883 SF
Asset Type
Retail
Closing
Oct 24, 2022
About this deal
AI
A retail property located at 1821-1871 S. San Jacinto Ave in San Jacinto, CA has been sold. The transaction took place on October 25, 2022, with a sale price of $10,500,000. The property spans 14,883 square feet, resulting in a price per square foot of $706.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,500,000
- Address: 1821-1871 S. San Jacinto Ave, San Jacinto, CA
- Market: San Jacinto, CA
- Square Footage: 14,883
The buyer's representative in this deal was Keegan & Coppin, while the seller's representatives were Jeff Conover & Scott DeYoung from Faris Lee Investments.
Players
San Jacinto 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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93