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
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