Updated Oct 29, 2024
Interconnect Systems International Leases Industrial Space In Camarillo With Reps Bart Reinhard And Stuart Scott - DAUM Commercial Real Estate Services
741 Flynn Road, Camarillo, California 93012, United States
$12
$12/SF
Building Size
48,170 SF
Asset Type
Industrial
Closing
Apr 18, 2023
About this deal
AI
An industrial property located at 741 Flynn Rd in Camarillo has been leased. The property spans approximately 48,170 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 04/18/2023
- Market: Camarillo
Interconnect Systems International has become the tenant of the leased property. The lease terms are for a 10-year term. The asking rent for the property is $12 per square foot.
The landlord is represented by Stuart Scott from DAUM Commercial Real Estate Services. Meanwhile, Bart Reinhard from Jones Lang LaSalle served as the tenant's representative in the deal.
Players
Camarillo 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
1321916.67%
Cash-on-Cash
-377807.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93