Updated Oct 29, 2024
MB Trucking Leases 43,000 SF Industrial Property In Commerce With Landlord Jason Cho
$1
$1/SF
Building Size
43,000 SF
Asset Type
Industrial
Closing
Jul 28, 2023
About this deal
AI
MB Trucking has signed a lease agreement for an industrial property in Commerce. The property, spanning 43,000 square feet, is located within the market. The lease was finalized on July 28, 2023, with an asking rent of $1.45 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Lease
- Market: Commerce
The landlord of the property is Jason Cho. Representing MB Trucking in the transaction is Nico Atherton and Shanna Naim from ENS Realty.
Note: No additional information about the property or any other individuals involved in the deal was provided.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Visit Nico Atherton to view all their deals.
Browse California industrial leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15863000.00%
Cash-on-Cash
-4533694.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93