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Dornin Investment Group Leases 22k SF Industrial Space To Lee Bros. FoodServices In Garden Grove

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LEASED
$1

California

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Industrial22,074 SF
Leased 10/15/2024
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LEASED

Dornin Investment Group Leases 22k SF Industrial Space To Lee Bros. FoodServices In Garden Grove

7272 Lampson Avenue

See Similar Deals
Industrial22,074 SF
Leased 10/15/2024
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$1
Total Square Footage:22,074 SF
Transaction Type:Lease

The property located at 7272 Lampson Avenue in Garden Grove is an industrial asset. It features a total square footage of 22,074 and is being leased at a rate of $1.50 per square foot. The lease type for this transaction is classified as a NNN Lease, and the asset is positioned to accommodate industrial business needs.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Asking Rent: $1.50/ft
  • Square Footage: 22,074
  • Address: 7272 Lampson Avenue
  • Market: Garden Grove
  • Landlord: Chris Dornin
  • Landlord's Representative: Philip R. Smith - Dornin Realty Advisors
  • Lease Type: NNN Lease
  • Lease Duration: 7 years
  • Tenant: Lee Bros. FoodServices, Inc.
  • Occupancy Status: 100%

Dornin Investment Group has finalized a lease agreement with Lee Bros. FoodServices, Inc., which specializes in food distribution. This lease brings the total occupancy of the building to 100%, highlighting the successful completion of this transaction.

Players

Philip R Smith
1 deal(949) 292-6050
BROKER

Details

LEASED
IMAGE: Philip R. Smith & Chris Dornin DATE: 10/15/2024 ADDRESS: 7272 Lampson Avenue MARKET: Garden Grove ASSET TYPE: Industrial LANDLORD: Chris Dornin LANDLORD'S REP: Philip R. Smith (@Philip_r_Smith) - Dornin Realty Advisors (@DorninRealtyAdvisors) ASKING RENT: $1.50/ft ~ SF: 22,074 LEASE TYPE: NNN Lease NOTE FROM LANDLORD: Dornin Investment Group signed a 22k sf lease with Lee Bros. FoodServices, Inc. a food distribution tenant for 7 years bringing the building to 100% occupancy.

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Deal Type
Effective Rent (Annual)

$37,958.05

Total Lease Value

$379,580.51

Net Landlord Cash Flow$37,958.05