Updated Aug 27, 2026
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:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Address: 22941 South Wilmington Avenue
- Market: Carson, CA
- Landlord: Watson Land Company
- Tenant: Rayhunt LLC
- Landlord's Representative: Lance Ryan - Watson Land Company
- Tenant's Representatives: Eddie Michino & Jed Enomoto - NAI Capital Commercial
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
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