Updated May 12, 2025
David Shraga Leases Industrial Space To The Pro Design Group In Gardena For $1.20/ft
434 East Alondra Boulevard
$1
$1/SF
Building Size
13,000 SF
Asset Type
Industrial
Closing
Mar 14, 2025
About this deal
AI
The asset involved in this transaction is an industrial property located at 434 East Alondra Boulevard in Gardena. The property encompasses a total square footage of 13,000 and has an asking rent of $1.20 per square foot. The transaction has a lease term of 3 years and is classified as a Full Service Gross lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1.20/ft
- Address: 434 East Alondra Boulevard
- Market: Gardena
- Lease Term: 3 years
- Lease Type: Full Service Gross
- Landlord: David Shraga
- Tenant: The Pro Design Group
- Brokers: Shanna Naim & Nico Atherton - Skyview Real Estate Partners
Shanna Naim and Nico Atherton of Skyview Real Estate Partners represented both the landlord, David Shraga, and the tenant, The Pro Design Group, in this lease transaction. For any industrial needs in Southern CA, inquiries can be directed to [email protected] and [email protected].
On the Map
$1
$1/SF
Industrial
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Players
Gardena 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
15863000.00%
Cash-on-Cash
-4533694.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93