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1010 Sandhill Avenue, Carso...

Updated Oct 28, 2024

Southwest Regional Council Of Carpenters Acquires Industrial Property In Carson For $46M
SOLDIndustrial

Southwest Regional Council Of Carpenters Acquires Industrial Property In Carson For $46M

1010 Sandhill Avenue, Carson, California 90746, United States

$46,000,000

$539/SF

Building Size

85,259 SF

Asset Type

Industrial

Closing

May 5, 2022

About this deal

AI

The industrial property located at 1010 Sandhill Ave. in Carson has been sold for a transaction amount of $46,000,000. The property spans 85,259 square feet and is situated in the market of Carson. The buyer in this transaction is the Southwest Regional Council of Carpenters, while the seller is the Vella Group. The deal was facilitated by broker Jeffrey Morgan.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $46,000,000
  • Address: 1010 Sandhill Ave.
  • Market: Carson

Jeffrey Morgan, from an undisclosed agency, represented the buyer, the Southwest Regional Council of Carpenters, in this transaction.

On the Map

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$46,000,000

$539/SF

Industrial

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Players

Jeffrey Morgan

Cushman & Wakefield

Broker

$79.4M

vol

3 deals

Broker
SC
Southwest Regional Council of CarpentersBuyer
Bilt advertisement

Carson Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $539 per square foot on a published $46M for 85,259 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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