MaxCare Products Leases Industrial Space In Santa Ana From Rexford Industrial
2700 S Fairview St, Santa Ana, CA, 92...
Building Size
58,802 SF
Asset Type
Industrial
Closing
Jul 21, 2020
AI
The industrial property located at 2700 S Fairview St, Santa Ana, CA, 92704, in the Santa Ana market, was leased on 07/21/2020. The property, owned by Rexford Industrial, consists of 116,575 square feet, with MaxCare Products leasing 58,802 square feet of manufacturing and distribution space to produce masks, personal protective equipment, and medical supplies.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not Applicable
- Tenant: MaxCare Products
- Landlord: Rexford Industrial
- Address: 2700 S Fairview St, Santa Ana, CA, 92704
- Market: Santa Ana
- Square Feet: 58,802
The leasing transaction was facilitated by Louis Tomaselli from JLL representing the landlord, Rexford Industrial, and Wade Tift, also from JLL, representing the tenant, MaxCare Products.
Players
Santa Ana 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