Updated Oct 29, 2024
Chanje Energy, Inc. Leases Industrial Space In Carson
1010 Sandhill Avenue
$20
$20/SF
Building Size
85,259 SF
Asset Type
Industrial
Closing
Jul 22, 2020
About this deal
AI
The industrial property located at 1010 Sandhill Avenue in Carson has been leased in a closed transaction. The property spans a total of 85,259 square feet and was leased at an asking rent of $20.40 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Lease
- Address: 1010 Sandhill Avenue
- Market: Carson
- Asking Rent: $20.40
- Square Footage: 85,259
The tenant in this lease transaction is Chanje Energy, Inc. The landlord for this property is the Vella Group, represented by Zach Vella. The broker involved in the deal is Brad McCoy.
This lease agreement represents Vella Group's new project, serving as the corporate headquarters for Chanje Energy, Inc. This company specializes in electric trucks and energy infrastructure.
On the Map
$20
$20/SF
Industrial
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Players
Carson Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
793150.00%
Cash-on-Cash
-226684.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93