41529-41539 Kalmia Street

Murrieta, CA



Close of Escrow: 11/07/2016

Year Built: 2006

Sale Price: $7,200,000

Price per Square Foot: $226.15

CAP Rate: 6.63%

GRM: 15.09

Downpayment: $2,920,000

Net Operating Income: $477,137

Rentable Square Feet: 31,837

Lot Size: 2.87 Acres

Unit Type

Multi-Tenant Retail

Le Investment Group was pleased to represent the 1031 exchange Buyer of the Kalmia Plaza a 31,837 Sq. Foot multi-tenant retail center. The center was built in 2006 and 93% occupied at the time of sale.