Bodega Latina Leases 1.42M SF Industrial Space In Rancho Cucamonga
12434 Fourth St Rancho Cucamonga, Ca 91730, Usa
$1
$1/SF
Building Size
1,420,000 SF
Asset Type
Industrial
Closing
Jul 13, 2023
AI
Bodega Latina has leased a 1.42 million-square-foot industrial space in Rancho Cucamonga, Southern California. The property, located at 12434 Fourth Street, was leased from Bridge Industrial. Greg Woolway, the representative of Bridge Industrial, facilitated the lease deal. The asking rent for the space was $1.44 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 12434 Fourth Street
- Market: Rancho Cucamonga
- Landlord: Bridge Industrial - Greg Woolway
- Tenant: Bodega Latina
- Asking Rent: $1.44/ft.
- Square Footage: 1,420,000
Bodega Latina's lease of the 1.42 million-square-foot industrial space in Rancho Cucamonga was facilitated by Greg Woolway from Bridge Industrial. Despite the slowdown in the market, Bridge Industrial remains optimistic about meeting the demand for modern warehousing space in the region.
Players
Los Angeles 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
15863000.00%
Cash-on-Cash
-4533694.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93