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35958 Winchester Road, Winc...

French Valley, CA Retail Property Sold For $17.3M By National Net Lease Group - SRS Real Estate Partners
SOLDRetail

French Valley, CA Retail Property Sold For $17.3M By National Net Lease Group - SRS Real Estate Partners

35958 Winchester Road, Winchester, California 92596, United States

$17,300,000

$529/SF

Building Size

32,674 SF

Asset Type

Retail

Closing

Sep 29, 2022

AI

The retail property located at 35958 Winchester Road in French Valley, CA has been sold for a transaction amount of $17,300,000. The property spans a total square footage of 32,674, resulting in a price per square foot of $529.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $17,300,000
  • Address: 35958 Winchester Road, French Valley, CA
  • Market: French Valley, CA

The sale of this retail property was facilitated by Matthew Mousavi, Patrick Luther, and Jack Cornell from the National Net Lease Group at SRS Real Estate Partners.

Players

Patrick Luther

SRS Real Estate Partners

Broker

$949.3M

vol

62 deals

Broker

Winchester 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

0.92%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93