Updated Dec 21, 2023
Don MacLellan Of Faris Lee Investments Sells 8.4 Acres Of Retail Space In Turlock For $37.4M
503 North Golden State Boulevard, Turlock, California 95380, United States
$37,400,000
$259/SF
Building Size
144,364 SF
Asset Type
Retail
Closing
Mar 23, 2022
About this deal
AI
Located at 503-795 N. Golden State Blvd. in Turlock, this retail property spans across 8.4 acres. The sale transaction for this property was facilitated by Don MacLellan from Faris Lee Investments, who served as the broker. The property was sold for $37,400,000, with a total square footage of 144,364 and a price per square foot of $259.
Summary of transaction details
- Property Type: Retail
- Sale Price: $37,400,000
- Address: 503-795 N. Golden State Blvd., Turlock
- Market: Turlock
- Acres: 8.4
- Broker: Don MacLellan - Faris Lee Investments
- Total Square Footage: 144,364
- Price per Square Foot: $259
The sale transaction of the retail property at 503-795 N. Golden State Blvd. in Turlock was successfully brokered by Don MacLellan from Faris Lee Investments. His expertise and negotiation skills played a vital role in facilitating the deal.
Turlock Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Don MacLellan to view all their deals.
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93