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12536 Chadron Avenue, Hawth...

Updated Oct 29, 2024

Venturi Astrolab, Inc. Signs 10-Year Aerospace Lease At 12536 Chadron Ave In Hawthorne
LEASEDIndustrial

Venturi Astrolab, Inc. Signs 10-Year Aerospace Lease At 12536 Chadron Ave In Hawthorne

12536 Chadron Avenue, Hawthorne, CA 90250, USA

Building Size

25,000 SF

Asset Type

Industrial

Closing

Jun 10, 2020

About this deal

AI

The industrial property located at 12536 Chadron Ave in Hawthorne has been leased. The property spans 25,000 square feet and the lease was signed by Venturi Astrolab, Inc. The lease is for a duration of 10 years and is in the aerospace industry. The property is conveniently situated near well-known companies such as SpaceX, Tesla, Ring, and Amazon. The lease was facilitated by brokers Brad McCoy and David Wilson from Lee West LA, as well as Mike Grannis from Highland Partners. The landlord for this lease is the Vella Group.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Lease
  • Address: 12536 Chadron Ave
  • Market: Hawthorne
  • Tenant: Venturi Astrolab, Inc.
  • Landlord: Vella Group
  • Brokers: Brad McCoy & David Wilson - Lee West LA, Mike Grannis - Highland Partners

The property is situated in a prime location, surrounded by various notable companies in the aerospace and technology sectors. The lease agreement presents an excellent opportunity for Venturi Astrolab, Inc. to establish its presence in a highly desirable area.

Players

Brad McCoy

Lee & Associates

Broker

$664.4M

vol

45 deals

Broker
Vella Group
Vella GroupLandlord

Hawthorne 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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