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South Euclid Avenue & Schae...

Updated Oct 29, 2024

SOLDDevelopment Site

Orbis Acquires Development Site In Inland Empire, Chino, CA For $12.1M

$12,100,000

$27/SF

Building Size

435,600 SF

Asset Type

Development Site

Closing

Sep 20, 2022

About this deal

AI

A development site located at S Euclid Ave & Schaefer Avenue in Inland Empire, Chino, CA has been sold in a transaction. The property encompasses a land area suitable for development purposes. The transaction took place between the buyer, Orbis, and the seller, Margaret Zivelonghi. The deal was facilitated by the brokers Masih Waliyar and Ryan Gast from CBRE. The sale price for the property amounted to $12,100,000.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $12,100,000
  • Market: Inland Empire, Chino, CA
  • Broker: Masih Waliyar - CBRE
  • Broker: Ryan Gast - CBRE

This transaction represents a successful sale of a development site in Inland Empire, Chino, CA. The property's location at S Euclid Ave & Schaefer Avenue makes it a desirable investment opportunity. The involvement of professionals such as Masih Waliyar and Ryan Gast from CBRE highlights their expertise in the real estate market and their ability to facilitate significant transactions.

Players

Ryan Gast

CBRE

Broker

$12.1M

vol

2 deals

Broker

Market Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $27 per square foot on a published $12.1M for 435,600 square feet (2022).

Visit Ryan Gast to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.31%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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