Updated Oct 29, 2024
Pioneer Cash & Kerry Leases Industrial Property In Orange County
12825 Alondra Blvd, Norwalk, Orange County, CA, USA
Building Size
35,200 SF
Asset Type
Industrial
Closing
Feb 16, 2021
About this deal
AI
The industrial property located at 12825 Alondra Blvd in Orange County has recently been leased. The property spans 35,200 square feet, and it is owned by Norwalk Industrial Sub. The tenant in this transaction is Pioneer Cash & Kerry.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 02/17/2021
- Address: 12825 Alondra Blvd, Orange County
- Market: Orange County
- Tenant: Pioneer Cash & Kerry
- Tenant's Representative: Blas Fernandez
- Landlord: Norwalk Industrial Sub
- Landlord's Representative: Greg Osborne
- Asking Rent: $0.93 per square foot
Blas Fernandez represented the tenant, Pioneer Cash & Kerry, while Greg Osborne represented the landlord, Norwalk Industrial Sub, in this leasing deal.
On the Map
Industrial
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Players
Norwalk 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