Sheldon Miskolczy Acquires Retail Property In Riverside County For $3.6M
SOLD
$3,600,000
California
See Similar DealsRetail36,155 SF
Sold
SOLD
Sheldon Miskolczy Acquires Retail Property In Riverside County For $3.6M
56245 CA-371, Anza, Riverside County, CA, USA
See Similar DealsRetail36,155 SF
Sold
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$99
Total Square Footage:36155 SF
Transaction Type:Sale
A retail property located at 56245 CA-371 in Riverside County has been sold for $3,600,000. The property spans across 36,155 square feet, resulting in a price per square foot of $99. The transaction took place on September 21, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,600,000
- Square Footage: 36,155
- Price Per Square Foot: $99
- Address: 56245 CA-371, Riverside County
The buyer of this retail property is Sheldon Miskolczy, while Haitham Mikha served as the seller. The deal was facilitated by Chandler J. Kelley of The Gas Broker.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$192,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04
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