Updated Dec 21, 2023
Colliers Brokers Sell Retail Property In Moreno Valley For $21M
27610 Eucalyptus Avenue, Moreno Valley, California 92555, United States
$21,000,000
$255/SF
Building Size
82,340 SF
Asset Type
Retail
Closing
Jun 7, 2022
About this deal
AI
Located at 27610 Eucalyptus Ave. in Moreno Valley, this retail property has been recently sold for a price of $21,000,000. The transaction took place on 06/08/2022, with a total square footage of 82,340. The price per square foot was calculated to be $255. The property is situated in a bustling market, making it an appealing investment opportunity.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $21,000,000
- Address: 27610 Eucalyptus Ave.
- Market: Moreno Valley
- Square Footage: 82,340
- Price per Square Foot: $255
The sale of this retail property was facilitated by El Warner, Charley Simpson, Caitlin Zirpolo, and Jordan Gomez from the Colliers agency. Their expertise and representation played a crucial role in ensuring a successful closing for both the buyer and the seller.
Players
Moreno Valley 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
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93