Manouch Moshayedi Of Mx3 Ventures Purchases Retail Property From Brett M. Foy For $55.7M
18421 Yorba Linda Boulevard
$55,700,000
$445/SF
Building Size
125,000 SF
Asset Type
Retail
Closing
Mar 25, 2025
AI
The asset involved in this transaction is a retail property located at 18421 Yorba Linda Boulevard in the Yorba Linda market. The transaction was completed on March 25, 2025, with a sale price of $55,700,000. The property encompasses a total square footage of 125,000.0.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $55,700,000.00
- Address: 18421 Yorba Linda Boulevard
- Market: Yorba Linda
- Buyer: Manouch Moshayedi - Mx3 Ventures
- Seller: Brett M. Foy - Zelman Development Co.
- Square Footage: 125,000.0
The buyer of the property, Manouch Moshayedi, is associated with Mx3 Ventures, while the seller, Brett M. Foy, represents Zelman Development Co. This transaction marks a significant exchange between these two parties within the retail sector.
Players
Yorba Linda 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
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93