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22902 Trabuco Road, Mission...

Shopoff Realty Investments Sells Mission Viejo Retail Property For $3.5M
SOLDRetail

Shopoff Realty Investments Sells Mission Viejo Retail Property For $3.5M

22902 Trabuco Road, Mission Viejo, California 92691, United States

$3,500,000

$703/SF

Building Size

4,978 SF

Asset Type

Retail

Closing

Apr 22, 2022

AI

Shopoff Realty Investments has sold a retail property in Mission Viejo, located at 22902 Trabuco Rd. The property spans 0.67 acres and was sold for a total price of $3,500,000. The property offers 4,978 square feet of space, resulting in a price per square foot of $703.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,500,000
  • Address: 22902 Trabuco Rd.
  • Market: Mission Viejo
  • Acres: 0.67

The seller, Shopoff Realty Investments, was represented by William Shopoff. Details regarding the buyer, loan amount, and any other individuals or companies involved in the deal were not provided in the available information.

Players

William Shopoff

Shopoff Realty Investments

Seller

$355.7M

vol

10 deals

Seller

Mission Viejo 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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93