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25110 Hancock Ave, Murrieta...

Updated Oct 29, 2024

25110 Hancock Ave
SOLDRetail

25110 Hancock Ave

25110 Hancock Ave, Murrieta, CA, 92...

Building Size

80,259 SF

Asset Type

Retail

Closing

Nov 19, 2023

About this deal

AI

The property located at 25110 Hancock Ave, Murrieta, CA encompasses a total of 80,259 square feet. This asset is positioned within the Murrieta market and has been involved in a sale transaction.

Summary of transaction details:

  • Property Type: Not specified
  • Transaction Amount: Not specified
  • Address: 25110 Hancock Ave, Murrieta, CA
  • Market: Murrieta
  • Buyer: Phillips Edison & Company, Inc
  • Buyer's Representatives: Justin Kundrak - HFF, Bryan Hurley - Cushman & Wakefield

The transaction was facilitated by the aforementioned brokers who represent the interests of the buyer, Phillips Edison & Company, Inc, in this closed property deal.

Players

Bryan Hurley

Cushman & Wakefield

Broker

$434.1M

vol

43 deals

Broker
JLL
JLLBrokerage
Phillips Edison & Company
Phillips Edison & CompanyBuyer

Murrieta 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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