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5200 Sheila St, Commerce, C...

Link Logistics Leases 114898 Square Feet At 5200 Sheila St Commerce With Newmark Representatives
LEASEDIndustrial

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

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.

Players

Jeff Sanita

Newmark

Broker

$131.1M

vol

4 deals

Broker
Link Logistics Real Estate
Link Logistics Real EstateBrokerage
Link Logistics Real Estate
Link Logistics Real EstateLandlord

Commerce Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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