Bing & Jerry Udinsky Acquire Temecula Retail Property For $10.55M
27355 Jefferson Avenue
$10,550,000
$301,428/SF
Building Size
35 SF
Asset Type
Retail
Closing
Jan 9, 2022
AI
27355 Jefferson Ave in Temecula has been sold in a recent transaction. The retail property, with a total area of 35,000 square feet, was purchased by Bing & Jerry Udinsky. The sellers, Mok Sighn and Roger Mahil, were represented by Benji Gribnau, Leor Binshtock, and Jake Zacuto from Zacuto Group, Inc. The sale price for this transaction was $10,550,000, resulting in a price per square foot of $301.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,550,000
- Address: 27355 Jefferson Ave, Temecula
- Market: Temecula
The buyers in this deal, Bing & Jerry Udinsky, successfully acquired the property at 27355 Jefferson Ave. On the other side, Mok Sighn and Roger Mahil acted as the sellers. The transaction was facilitated by Benji Gribnau, Leor Binshtock, and Jake Zacuto from Zacuto Group, Inc.
Players
Temecula 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
1.50%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93