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

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SOLD
$6,300,000

California

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Industrial35,495 SF
Sold 03/05/2024
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Property Image
SOLD

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

1004 East Walnut Avenue

See Similar Deals
Industrial35,495 SF
Sold 03/05/2024
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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.

Players

Nathan Demosthenes
10 deals$49.2M volume
BROKER

Details

SOLD
IMAGE: Nathan Demosthenes DATE: 03/05/2024 ADDRESS: 1004 East Walnut Avenue MARKET: Fullerton, CA ASSET TYPE: Industrial BUYER: Alexey Zabolotskikh - Ralin Enterprises SELLER: Garrett Soden SELLER'S REP: Nathan Demosthenes (@NateDemos) - Cushman & Wakefield (@CushWake) SALE PRICE: $6,300,000 SF: 35,495 ~ PPSF: $177

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Deal Type
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