Christopher Lupo & Victor Zonni - Parker House Furniture Acquire 27.8 Acre Retail Property In Jurupa Valley, CA For $62M
6237 Pats Ranch Road, Jurupa Valley, California 92505, United States
$62,000,000
$308/SF
Building Size
201,305 SF
Asset Type
Retail
Closing
Oct 27, 2022
AI
Located in Jurupa Valley, CA, the retail property at 6237 Pats Ranch Road has been sold in a recent transaction. Spanning across 27.8 acres, this property offers ample space for various commercial activities.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $62,000,000
- Date: 10/28/2022
- Square Footage: 201,305
- Price per Square Foot: $308
- Address: 6237 Pats Ranch Road, Jurupa Valley, CA
- Market: Jurupa Valley, CA
- Buyer: Christopher Lupo & Victor Zonni - Parker House Furniture
- Seller: Merlone Geier Partners
- Image: Christopher Lupo
Christopher Lupo and Victor Zonni, representing Parker House Furniture, played a significant role in the purchase of this retail property. The transaction was successfully completed, with the property being sold for a total of $62,000,000. Merlone Geier Partners acted as the seller in this deal, demonstrating their involvement in the market.
Players
Jurupa Valley 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
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93