Alexey Zabolotskikh Of Ralin Enterprises Acquires Industrial Property In Fullerton For $6.3M
SOLD
$6,300,000
California
See Similar DealsIndustrial35,495 SF
Sold 03/05/2024
SOLD
Alexey Zabolotskikh Of Ralin Enterprises Acquires Industrial Property In Fullerton For $6.3M
1004 East Walnut Avenue
See Similar DealsIndustrial35,495 SF
Sold 03/05/2024
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$177
Total Square Footage:35,495 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$336,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,382.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,865.21
Annual Debt Service$358,382.57
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