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27378 Jefferson Ave, Temecu...

Updated Dec 19, 2023

Progressive Real Estate Partners Facilitates $6M Retail Sale On Jefferson Ave, Temecula
SOLDRetail

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

About this deal

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.

On the Map

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$6,000,000

$517/SF

Retail

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Players

Victor Buendia

Broker

$55.9M

vol

9 deals

Broker
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Temecula Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $517 per square foot on a published $6M for 11,600 square feet (2020).

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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

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