Updated Oct 28, 2024
Detail Union Leases Industrial Space In Inglewood Property On Isis Avenue
644 Isis Avenue, Inglewood, CA, USA
Building Size
11,400 SF
Asset Type
Industrial
Closing
May 3, 2021
About this deal
AI
The industrial property located at 644 Isis Avenue in Inglewood has recently been leased. The lease transaction was completed on 05/04/2021.
Summary of transation details
- Property Type: Industrial
- Asking Rent: $1.75/ft.
- Square Footage: 11,400
- Tenant: Detail Union
- Landlord: Crawford & Schroeder Enterprises
The tenant, Detail Union, has entered into the lease agreement for the industrial space. The landlord, Crawford & Schroeder Enterprises, represented by Daniel Hirth and Elijah Suval from the Hirth Group, facilitated the transaction as the landlord's representatives.
Players
Inglewood 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