Updated Dec 20, 2023
Margaret Wang Acquires Retail Property In Inland Empire For $8.4M
32450 Clinton Keith Road, Wildomar, CA, USA
$8,400,000
$486/SF
Building Size
17,272 SF
Asset Type
Retail
Closing
Sep 30, 2021
About this deal
AI
An $8,400,000 retail property located at 32450 Clinton Keith Rd. in the Inland Empire area was recently sold. The transaction took place on September 30, 2021, and was facilitated by brokers Daniel Tyner & Gleb Lvovich from JLL. The property spans 17,272 square feet, resulting in a price per square foot of $486.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,400,000
- Address: 32450 Clinton Keith Rd.
- Market: Inland Empire
Margaret Wang purchased the property from Sanjay Mathur. The deal was negotiated by Daniel Tyner & Gleb Lvovich, representing JLL. The transaction involved a buyer, seller, and brokers, ensuring a smooth transfer of ownership.
Players
Wildomar 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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93