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27610 Eucalyptus Avenue, Mo...

Colliers Brokers Sell Retail Property In Moreno Valley For $21M
SOLDRetail

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

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

El Warner

Colliers

Broker

$196.1M

vol

7 deals

Broker

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