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5555 Broadway Street, Ameri...

Intersection Equities Acquires Industrial Property In American Canyon, CA For $11.2M
FINANCEDIndustrial

Intersection Equities Acquires Industrial Property In American Canyon, CA For $11.2M

5555 Broadway Street, American Canyon, California 94503, United States

$11,200,000

$131/SF

Building Size

85,000 SF

Asset Type

Industrial

Closing

Oct 30, 2022

AI

The property asset involved in this closed transaction is an industrial property located at 5555 Broadway St in American Canyon, CA. The property has a total square footage of 85,000 and is situated on a 2-acre lot. The transaction took place on 10/31/2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $11,200,000
  • Address: 5555 Broadway St, American Canyon, CA
  • Market: American Canyon, CA
  • Landlord: Intersection Equities - Anton Myskiw
  • Brokers: Bill Chiles, Scott Peterson & Colby Matzke - CBRE

The landlord in this transaction is Intersection Equities, represented by Anton Myskiw. The brokers involved in the deal were Bill Chiles, Scott Peterson, and Colby Matzke from CBRE.

Players

William Chiles

CBRE

Broker

$436.7M

vol

9 deals

Broker
IE
Intersection EquitiesLandlord

American Canyon Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.42%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93