A private trust purchased the triple net-leased health club at 18550 Dexter Ave. in Lake Elsinore, CA, for $8.8 million, or $193 per square foot, from a joint venture of Lake Fitness LLC and California Grand Investments LLC. The buyer bought the property at an 8.5% cap rate.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In