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600 Condor Drive, Moorpark,...

Updated Dec 3, 2024

Amazon Leases 200,000 SF Industrial Space In Moorpark
LEASEDIndustrial

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

Amazon
AmazonTenant

Moorpark 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

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