Newmark Brokers Facilitate Lease Of Industrial Property In Fontana, CA For 189,280 SF
13481 Valley BLVD, Fontana, CA, 92335
Building Size
189,280 SF
Asset Type
Industrial
Closing
Aug 18, 2022
AI
The industrial property located at 13481 Valley Boulevard in Fontana, California spans a total of 189,280 square feet. Situated in the Fontana market, the property features cross-dock loading, 5,000 square feet of office space, 35 dock-high doors, one grade-level door, 32-foot clear height, K-17 sprinklers, 800-amp power capacity, and parking space for 116 automobiles and 150 truck trailers.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Tenant's Rep: Mark Kegans (Newmark), Ron Washle (Newmark)
- Landlord: Undisclosed
Newmark Executive Managing Directors Mark Kegans, SIOR, and Ron Washle, SIOR facilitated the lease transaction for DCG Fulfillment, a family-owned third-party logistics provider based in California’s Inland Empire. DCG Fulfillment secured a prime distribution location within the Inland Empire West, offering convenient access to major logistics and transportation hubs along the West Coast, including Los Angeles International Airport, and the Ports of Los Angeles and Long Beach.
Players
Fontana 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