Progressive Real Estate Partners Facilitates $6M Retail Sale On Jefferson Ave, Temecula
27378 Jefferson Ave, Temecula, CA, USA
$6,000,000
$517/SF
Building Size
11,600 SF
Asset Type
Retail
Closing
Jun 18, 2020
AI
The retail property located at 27378 Jefferson Ave in Temecula has been sold. The transaction took place on June 18, 2021. The property was sold for a total price of $6,000,000. Victor Buendia from Progressive Real Estate Partners represented the parties involved in the deal.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $6,000,000
- Address: 27378 Jefferson Ave, Temecula
- Market: Temecula
Victor Buendia, a representative from Progressive Real Estate Partners, played a significant role in facilitating the sale of this retail property.
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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93