Updated Feb 5, 2025
Freeform Future Leases Industrial Space In Hawthorne, CA For $29.40/ft
12824 Cerise Avenue, Hawthorne, CA, USA
Building Size
20,000 SF
Asset Type
Industrial
Closing
May 11, 2021
About this deal
AI
An industrial property located at 12824 Cerise Avenue in Hawthorne has been leased. The property spans 20,000 square feet and was leased by the tenant Freeform Future.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Freeform Future
The landlord for this lease transaction is Zach Vella, who is represented by Brad McCoy, David Wilson, and Conor Halloran. The asking rent for the property was $29.40 per square foot.
Traded’s record for 12824 Cerise Avenue, Hawthorne, CA, USA in Hawthorne, California covers a industrial lease from 2021. Published size for 12824 Cerise Avenue, Hawthorne, CA, USA is 20,000 square feet. Conor Halloran, David (Dave) Wilson, Brad McCoy, Zach Vella appear on the lease alongside Lee & Associates. This page is the Hawthorne, California file for the 12824 Cerise Avenue, Hawthorne, CA, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same Hawthorne sit in the Market section below. Filter that Hawthorne industrial set by closing date to see what else leased near 12824 Cerise Avenue, Hawthorne, CA, USA around 2021. Cite this Freeform Future Leases Industrial Space In Hawthorne, CA For $29.40/ft lease when underwriting similar industrial product around Hawthorne, California.
On the Map
Industrial
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Players
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