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3290 E 26th St, Vernon, CA,...

Guayakí Yerba Mate Leases Industrial Space In Vernon From Prudential Financial
LEASEDIndustrial

Guayakí Yerba Mate Leases Industrial Space In Vernon From Prudential Financial

3290 E 26th St, Vernon, CA, USA

Building Size

77,849 SF

Asset Type

Industrial

Closing

Nov 7, 2019

AI

Guayakí Yerba Mate has recently leased a new Regional Distribution Center located at 3290-3294 E 26th St in Vernon. The property, with an asset type of Industrial, offers a total square footage of 77,849. The deal was facilitated by Bryan Abayan of DAUM Commercial Real Estate Services, representing Guayakí Yerba Mate as the tenant. The landlord of the property is Prudential Financial.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Address: 3290-3294 E 26th St
  • Market: Vernon

Guayakí's new Regional Distribution Center boasts several notable features, including 10 docks, 24-foot clear height, and up to 1,800-amps of heavy power. These amenities contribute to the property's appeal and functionality for Guayakí Yerba Mate's distribution needs.

Players

Bryan Abayan

Daum Commercial Real Estate Services

Broker

$7.1M

vol

4 deals

Broker
Prudential Financial
Prudential FinancialLender
Prudential Financial
Prudential FinancialLandlord

Vernon 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