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434 East Alondra Boulevard

David Shraga Leases Industrial Space To The Pro Design Group In Gardena For $1.20/ft
LEASEDIndustrial

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

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:

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].

Players

Shanna Naim

Skyview Real Estate Partners

Broker

$43.9M

vol

33 deals

Broker

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