Updated Dec 3, 2024
Amazon Leases 200,000 SF Industrial Space In Moorpark
600 Condor Drive, Moorpark, CA, USA
Building Size
200,000 SF
Asset Type
Industrial
Closing
Aug 13, 2020
About this deal
AI
Amazon has signed a lease for an industrial property in Moorpark, located at 600 Condor Drive. The property, which spans 200,000 square feet, offers ample space for Amazon's warehousing and distribution needs. The deal was finalized on August 13, 2021. The transaction involves a lease agreement between Amazon and the property owner.
Summary of transaction details
- Property Type: Industrial
- Tenant: Amazon
- Address: 600 Condor Drive
- Market: Moorpark
- Square Footage: 200,000 SF
- Date: August 13, 2021
This lease agreement allows Amazon to establish a presence in Moorpark and expand their operations in the industrial sector. With the increasing demand for e-commerce, Amazon's decision to lease this industrial property showcases their commitment to meeting customer needs efficiently.
Players
Moorpark Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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