Updated Oct 28, 2024
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
About this deal
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.
On the Map
$62,000,000
$308/SF
Retail
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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