CBRE Secures Lease For Little Buddy Toys At 95,178 SF Industrial Center In Anaheim
270 East Palais Road
Building Size
95,178 SF
Asset Type
Industrial
Closing
Jan 22, 2024
AI
The Bradmore Group, represented by CBRE brokers Bennie Seybold, Jeff Pion, and Sean Ward, leased a 95,178-square-foot distribution center in Anaheim to Little Buddy Toys. The Class A industrial building, located at 270 East Palais Road, is situated in the vibrant North Orange County market. It features modern design and strategic amenities, ensuring a seamless transition for the tenant.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Market: Anaheim
- Square Footage: 95,178
- Address: 270 East Palais Road
Bradley Schneider from Lee & Associates represented Little Buddy Toys in the lease agreement.
Note: The lease was swiftly occupied upon completion, minimizing downtime for the landlord in a highly sought-after market.
Players
Anaheim 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