facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Retail

/

Sale

/

35958 Winchester Rd, Winche...

Private Investor Acquires Property At 35958 Winchester Rd Winchester For $17.3M With Matthew Mousavi And Jack Cornell As Seller's Reps
SOLDRetail

Private Investor Acquires Property At 35958 Winchester Rd Winchester For $17.3M With Matthew Mousavi And Jack Cornell As Seller's Reps

35958 Winchester Rd, Winchester, CA...

$17,300,000

$529/SF

Building Size

32,674 SF

Asset Type

Retail

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 35958 Winchester Rd, Winchester, CA, within the Winchester market. The transaction was finalized at a price of $17,300,000.00 and encompasses a total square footage of 32,674. The asset is part of a portfolio sale of three retail properties that are outparcels to French Valley Marketplace, located in the Inland Empire.

Summary of transaction details:

Matthew Mousavi, Patrick Luther, and Jack Cornell of SRS Real Estate Partners’ National Net Lease Group were instrumental in representing the seller and sourcing the buyer for this all-cash transaction. The sale reflects a strategic move by a Southern California-based private developer selling the assets to a Southern California-based private investor.

Players

Matthew Mousavi

SRS Real Estate Partners

Broker

$1.1B

vol

75 deals

Broker

Winchester Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.92%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93