facebook
Traded Co logo
Submit
Daily limit: 0/10

Nouretsu Investments LLC And Tetrad Investments LLC Acquire Retail Buildings In Vista For $5.3M

Property Image
SOLD
$5,300,000
Jason Ehrenpreis
Patrick Luther
SS
+ 1

California

See Similar Deals
Retail
Sold 03/31/2025
the dealplayerscompscontact
Property Image
SOLD

Nouretsu Investments LLC And Tetrad Investments LLC Acquire Retail Buildings In Vista For $5.3M

2655 South Melrose Drive

See Similar Deals
Retail
Sold 03/31/2025
Jason Ehrenpreis
Patrick Luther
SS
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Transaction Type:Sale

Two single-tenant retail buildings located at 2655-2665 South Melrose Drive in Vista were sold for a combined price of $5,300,000. The buyer, Nouretsu Investments LLC, acquired the Dutch Bros Coffee site for $2,700,000, while Tetrad Investments LLC purchased the Wendy’s property for $2,600,000.

Summary of transaction details:

This transaction involved Sandy Sigal representing NewMark Merrill South, who sold the properties. The deal saw Jason Ehrenpreis representing Nouretsu Investments and Kevin Barry representing Tetrad Investments in their respective acquisitions of the retail sites.

Players

Patrick Luther
SRS Real Estate Partners
Patrick Luther
61 deals$938.1M volume
BROKER
Jason Ehrenpreis
CBM1
Jason Ehrenpreis
4 deals$23.1M volume
BROKER
Kevin Barry
Irish Commercial Brokerage
Kevin Barry
1 deal$5.3M volume(424) 241-2341
BROKER
SS
Sandy Sigal
4 deals$32.8M volume
SELLER

Details

SOLD
IMAGE: Sandy Sigal, Jason Ehrenpreis, Kevin Barry & Patrick Luther DATE: 03/31/2025 ADDRESS: 2655-2665 South Melrose Drive MARKET: Vista ASSET TYPE: Retail BUYER: Nouretsu Investments LLC & Tetrad Investments LLC SELLER: Sandy Sigal - NewMark Merrill South (@NewMarkMerrillCompanies) BUYER'S REP: Jason Ehrenpreis - CBM1; Kevin Barry - Irish Commercial SELLER'S REP: Patrick Luther (@Luther_Companies) - SRS Real Estate Partners (@SRSRealEstatePartners) SALE PRICE: $5,300,000 NOTE: NewMark Merrill South sold two single-tenant retail buildings at 2655-2665 Melrose Drive in Vista for a combined $5.3 million. Nouretsu Investments bought the Dutch Bros Coffee site for $2.7 million, represented by Jason Ehrenpreis of CBM1, while Tetrad Investments acquired the Wendy’s property for $2.6 million, represented by Kevin Barry of Irish Commercial; Pat Luther of SRS Real Estate Partners represented the seller.

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$282,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,829.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,124.70
Annual Debt Service$301,496.45