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Vanessa Haddad Of Marcus & Millichap Represents Buyer In $2.595M Retail Sale In Riverside County

Property Image
SOLD
$2,595,000

California

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Retail2,312 SF
Sold 07/03/2025
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Property Image
SOLD

Vanessa Haddad Of Marcus & Millichap Represents Buyer In $2.595M Retail Sale In Riverside County

32915 Western Hills Drive

See Similar Deals
Retail2,312 SF
Sold 07/03/2025
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,122
Total Square Footage:2,312 SF
Transaction Type:Sale

The property asset involved in this transaction is located at 32915 Western Hills Drive in Riverside County. The sale amount was $2,595,000, and the asset type is retail, with a total square footage of 2,312. The price per square foot for this transaction was $1,122.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,595,000
  • Square Footage: 2,312
  • Price per Square Foot: $1,122
  • Cap Rate: 5.64%
  • Average Chipotle Cap Rate: 4.8%
  • Average Chipotle Price per Square Foot: $1,362

The buyer's representative for this transaction was Vanessa Haddad from Marcus & Millichap, who successfully represented the buyer throughout the deal.

Players

Vanessa Haddad
Marcus & Millichap
Vanessa Haddad
19 deals$112.1M volume(909) 575-0000
BROKER
Marcus & Millichap
Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Vanessa Haddad DATE: 07/03/2025 ADDRESS: 32915 Western Hills Drive MARKET: Riverside County ASSET TYPE: Retail BUYER'S REP: Vanessa Haddad (@Vmmhddd) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $2,595,000 SF: 2,312 ~ PPSF: $1,122 NOTE FROM BUYER'S REP: • Represented Buyer in Transaction • Closed at 5.64% Cap Rate while 4.8% is the Average Chipotle Cap Rate • Closed at $1,122/PSF while $1,362/PSF is the Average Chipotle $/PSF

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$138,400.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,219.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,301.62
Annual Debt Service$147,619.49