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13481 Valley BLVD, Fontana,...

Newmark Brokers Facilitate Lease Of Industrial Property In Fontana, CA For 189,280 SF
LEASEDIndustrial

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

Ron Washle

Newmark

Broker

6 deals

Broker

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