Updated Oct 13, 2026
Private Investor Purchases Ontario Property From Calbay Development LLC For $5 Million
223 S Euclid Ave, Ontario, CA, 91762
$5,000,000
$1,546/SF
Building Size
3,233 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in this transaction is located at 223 S Euclid Ave, Ontario, CA, 91762. The transaction was completed for a price of $5,000,000.00. This property encompasses a total area of 3,233 square feet and is situated in the Ontario market.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $5,000,000.00
- Buyer: Private Investor
- Seller: Calbay Development LLC
- Buyer's Representative: Jeremy McChesney - Hanley Investment Group- Real Estate Advisors
- Seller's Representative: Matthew Mousavi - SRS Real Estate Partners
The transaction is notable for the involvement of a private investor as the buyer, with Jeremy McChesney from Hanley Investment Group representing them. Matthew Mousavi from SRS Real Estate Partners represented the seller, Calbay Development LLC, in this deal, indicating a professional engagement by both parties in the real estate market.
On the Map
$5,000,000
$1,546/SF
Retail
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Players
Ontario 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93