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22941 Wilmington Avenue

Updated Aug 27, 2026

Rayhunt LLC Leases 150,000 Square Feet Industrial Space From Watson Land Company In Carson CA
LEASEDIndustrial

Rayhunt LLC Leases 150,000 Square Feet Industrial Space From Watson Land Company In Carson CA

22941 Wilmington Avenue

Building Size

150,000 SF

Asset Type

Industrial

Closing

Aug 17, 2026

About this deal

AI

The property asset involved in the transaction is an industrial space located at 22941 South Wilmington Avenue, Carson, CA, encompassing 150,000 square feet. The facility spans 8.42 acres and features 31 dock-high doors, a secured container yard, and 5,000 square feet of office space, with access to major freeways and a rail spur.

Summary of transaction details:

This lease agreement highlights key figures involved in the transaction, including Lance Ryan, representing the landlord, and Eddie Michino along with Jed Enomoto, representing the tenant. The details of the lease terms remain undisclosed.

Players

Edward Michino

NAI Global

Broker

$21.5M

vol

3 deals

Broker
Watson Land Company
Watson Land CompanyLandlord
Rayhunt LLC
Rayhunt LLCTenant

Carson 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

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