Updated Dec 4, 2024
Link Logistics Leases 114898 Square Feet At 5200 Sheila St Commerce With Newmark Representatives
5200 Sheila St, Commerce, CA, 90040
Building Size
114,898 SF
Asset Type
Industrial
Closing
May 12, 2022
About this deal
AI
The property asset involved in this transaction is located at 5200 Sheila St, Commerce, CA, 90040. This commercial lease covers an area of 114,898 square feet within the Commerce market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 5200 Sheila St, Commerce, CA, 90040
- Square Feet: 114,898
- Landlord: Link Logistics
- Landlord's Representatives: Greg Stumm-Newmark, Jeff Sanita-Newmark
Key individuals involved in the deal include the landlord Link Logistics, represented by Greg Stumm and Jeff Sanita from Newmark. The tenant information has not been provided in this context.
On the Map
Industrial
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Players
Commerce 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