CDG Concepts Inc. Leases Industrial Space In Chatsworth From J. Scott Watt
19734 Dearborn Street, Chatsworth, CA 91311
Building Size
29,200 SF
Asset Type
Industrial
Closing
Jan 14, 2022
AI
The industrial property located at 19734 Dearborn St. in Chatsworth has been leased. The property spans approximately 29,200 square feet and was leased to tenant CDG Concepts Inc. The lease transaction took place on January 14, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 01/14/2022
- Address: 19734 Dearborn St.
- Market: Chatsworth
- Landlord: J. Scott Watt
- Tenant: CDG Concepts Inc.
- Brokers: Rick Ramirez, Luc Hawkshaw, Eric Mandell, Scott Caswell, Erica Balin - Ally Commercial Real Estate
- Asking Rent: $1.10/ft.
- Square Footage: 29,200
The lease deal was facilitated by brokers Rick Ramirez, Luc Hawkshaw, Eric Mandell, Scott Caswell, and Erica Balin from Ally Commercial Real Estate.
Players
Chatsworth 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