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
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.
Players
Carson 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
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93