Trio Manufacturing Inc Leases Industrial Space At 17006 South Figueroa Street From The Cypress Land Company
Building Size
123,200 SF
Asset Type
Industrial
Closing
Mar 19, 2025
AI
An industrial facility located at 17006 South Figueroa Street in Carson has been leased. The property spans 123,200 square feet and has an associated lease term of 126 months. The total transaction value is $20 million, and the landlord of the property is The Cypress Land Company.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $20 million
- Address: 17006 South Figueroa Street
- Market: Carson
- Lease Term: 126 months
- Landlord: The Cypress Land Company
- Tenant: Trio Manufacturing Inc
- Brokers: Courtney Bell, Zach Middleton, Matthew Stringfellow & Max Farkas - The Klabin Company
The Cypress Land Company was represented by broker Courtney Bell, while Trio Manufacturing Inc was represented by brokers Matt Stringfellow, Max Farkas, and Zach Middleton, all from The Klabin Company, during this lease transaction.
Players
Market 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