DJM Capital Partners Acquires Mission Viejo Retail Property For $39.5M
SOLD
$39,500,000
California
See Similar DealsRetail79,000 SF
Sold 01/24/2022
SOLD
DJM Capital Partners Acquires Mission Viejo Retail Property For $39.5M
24000 Alicia Parkway, Mission Viejo, California 92691, United States
See Similar DealsRetail79,000 SF
Sold 01/24/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$500
Total Square Footage:79,000 SF
Transaction Type:Sale
Located in Mission Viejo, the retail property at 24000 Alicia Parkway has been sold in a recent transaction. The sale was facilitated by DJM Capital Partners, represented by Lindsay Parton, and the seller was Gerrity Group.
Summary of transaction details
- Property Type: Retail
- Sale Price: $39,500,000
- Square Footage: 79,000
- Price per Square Foot: $500
This significant sale involved DJM Capital Partners, with Lindsay Parton serving as their representative. On the other side of the deal, Gerrity Group was the seller. The successful transaction reflects the thriving real estate market in Mission Viejo.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$140,335.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$187,250.15
Annual Debt Service$2,247,001.82
Is there something missing? Send suggestions