Black Rock Logistics Signs Lease For Industrial Space In San Bernardino With Landlord Dedeaux Properties And Broker Representatives Stream Realty Partners
680 S Allen St San Bernardino, CA 92408, USA
Building Size
358,499 SF
Asset Type
Industrial
Closing
Aug 1, 2023
AI
The industrial property located at 680 South Allen Street in San Bernardino has been leased. The property, measuring approximately 358,499 square feet, is owned by Dedeaux Properties. The tenant for this lease agreement is Black Rock Logistics. The lease deal was facilitated by brokers Ian Armbruster, Brad Yates, Trevor Wright, and Stefan Pastor of Stream Realty Partners.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 680 South Allen Street
- Market: San Bernardino
The lease agreement for 680 South Allen Street was handled by Stream Realty Partners' representatives, namely Ian Armbruster, Brad Yates, Trevor Wright, and Stefan Pastor. The property is owned by Dedeaux Properties and has been leased to Black Rock Logistics.
Players
San Bernardino 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