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Lee & Associates Leases 40,586 SF Industrial Building In Santa Ana For $4.3M
LEASED
California
See Similar DealsIndustrial40,586 SF
Leased 06/21/2023
LEASED
Lee & Associates Leases 40,586 SF Industrial Building In Santa Ana For $4.3M
1651 East Saint Andrew Place
See Similar DealsIndustrial40,586 SF
Leased 06/21/2023
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:40,586 SF
Transaction Type:Lease
Lee & Associates Orange has recently completed a lease transaction for an industrial building located at 1651 East Saint Andrew Place in Santa Ana. The property offers approximately 40,586 square feet of space and boasts desirable features such as loading doors, high clear height, and ample power supply. The lease agreement spans over 60 months, with a total consideration of around $4.3 million.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4.3 million
- Address: 1651 East Saint Andrew Place, Santa Ana
- Market: Santa Ana
- Broker: Greg Diab - Lee & Associates
- Broker: Jack Haley - Lee & Associates
The deal was orchestrated by Greg Diab and Jack Haley, both representing Lee & Associates. Their expertise and efforts ensured the successful completion of this lease transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,326,365.03
Total Lease Value
$23,263,650.29
Net Landlord Cash Flow$2,326,365.03
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