Updated Oct 28, 2024
Lakeshore Plaza Holdings LLC Sells Retail Property In Moreno Valley For $8.3M
23575 Sunnymead Ranch Parkway, Moreno Valley, CA, USA
$8,300,000
$103/SF
Building Size
80,000 SF
Asset Type
Retail
Closing
Aug 9, 2020
About this deal
AI
A retail property located at 23575 Sunnymead Parkway in Moreno Valley has been sold for $8,300,000. The property is part of the Lakeshore Plaza Holdings LLC.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $8,300,000
- Date: 08/09/2021
- Market: Moreno Valley
- Seller: Lakeshore Plaza Holdings LLC
The sale of this retail property was facilitated by Mario Alvarez Jr. and Pablo Rodriguez of Newmark. The deal was finalized on the mentioned date.
The retail sale at 23575 Sunnymead Ranch Parkway, Moreno Valley, CA, USA in Moreno Valley, California sold for $8.3M in 2020. The building is 80,000 square feet, implying about 103 per square foot on the published price. Mario Alvarez Jr, Pablo Rodriguez, Newmark appear on the sale alongside Newmark. This page is the Moreno Valley, California file for the 23575 Sunnymead Ranch Parkway, Moreno Valley, CA, USA retail sold: pricing, party profiles, and other closed retail comps from the same Moreno Valley sit in the Market section below. Filter that Moreno Valley retail set by closing date to see what else sold near 23575 Sunnymead Ranch Parkway, Moreno Valley, CA, USA around 2020. Published consideration for 23575 Sunnymead Ranch Parkway, Moreno Valley, CA, USA is $8.3M, dated 2020. Cite this Lakeshore Plaza Holdings LLC Sells Retail Property In Moreno Valley For $8.3M sale when underwriting similar retail product around Moreno Valley, California.
Players
Moreno Valley 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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93