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
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