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1004 East Walnut Avenue

Alexey Zabolotskikh Of Ralin Enterprises Acquires Industrial Property In Fullerton For $6.3M
SOLDIndustrial

Alexey Zabolotskikh Of Ralin Enterprises Acquires Industrial Property In Fullerton For $6.3M

1004 East Walnut Avenue

$6,300,000

$177/SF

Building Size

35,495 SF

Asset Type

Industrial

Closing

Mar 5, 2024

AI

An industrial property located at 1004 East Walnut Avenue in Fullerton, CA, was recently sold for $6,300,000. The property spans 35,495 square feet, resulting in a price per square foot of $177.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,300,000
  • Address: 1004 East Walnut Avenue, Fullerton, CA
  • Market: Fullerton, CA
  • Buyer: Alexey Zabolotskikh - Ralin Enterprises
  • Seller: Garrett Soden
  • Seller's Rep: Nathan Demosthenes - Cushman & Wakefield

The transaction involved Alexey Zabolotskikh representing Ralin Enterprises as the buyer, facilitating the acquisition of the industrial property from the seller, Garrett Soden. Nathan Demosthenes from Cushman & Wakefield acted as the seller's representative in this deal.

Players

Nathan Demosthenes

Cushman & Wakefield

Broker

$49.2M

vol

10 deals

Broker

Fullerton Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93