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829 Via Alondra

Burloak Technologies Leases 25,564 SF Industrial Space In Camarillo - Stuart Scott Represents Landlord, David Harding Represents Tenant
LEASEDIndustrial

Burloak Technologies Leases 25,564 SF Industrial Space In Camarillo - Stuart Scott Represents Landlord, David Harding Represents Tenant

829 Via Alondra

Building Size

25,564 SF

Asset Type

Industrial

Closing

Apr 18, 2023

AI

The industrial property located at 829 Via Alondra in Camarillo has been leased to Burloak Technologies. The property spans an area of 25,564 square feet. The lease agreement is for a period of five years.

Summary of transaction details

The lease transaction was facilitated by Stuart Scott from DAUM Commercial Real Estate Services, representing the landlord. David Harding from Colliers International acted as the tenant's representative.

Players

David Harding

Colliers

Broker

$249.4M

vol

10 deals

Broker

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93