Updated Aug 28, 2026
Private Investor Acquires Retail Property In Temecula For $6.56 Million With Buyer’s Rep Greg Bedell
32435 Temecula Parkway
$6,555,555
$746/SF
Building Size
8,781 SF
Asset Type
Retail
Closing
Aug 25, 2026
About this deal
AI
A retail building located at 32435 Temecula Parkway in Temecula, CA, has been sold for $6,555,555. The property has a total area of 8,781 square feet, translating to a price per square foot of $747. The building is fully leased and currently occupied by Better Buzz Coffee, Orangetheory Fitness, Krak Boba, and D’Or Nail Lounges.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,555,555
- Square Footage: 8,781
- Price Per Square Foot: $747
- Buyer’s Representative: Greg Bedell - Progressive Real Estate Partners
- Seller’s Representatives: Brian Bielatowicz, Ryan Bennett & Drew Olson - Lee & Associates
The deal was facilitated through a 1031 exchange involving a private Los Angeles-based investor. Progressive Real Estate Partners represented the buyer while Lee & Associates represented the seller in this transaction.
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
2.42%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93