Staley Point Capital Acquires Industrial Property In Inland Empire For $32.7M
1020 Mildred Street
$32,745,600
$450/SF
Building Size
72,768 SF
Asset Type
Industrial
Closing
Jul 13, 2022
AI
Located at 1020 Mildred St., in the Inland Empire market, an industrial property with a total area of 72,768 square feet was recently sold. The transaction took place on July 13, 2022, with Staley Point Capital purchasing the property from Jacob Ko. The sale price for this asset was reported at $32,745,600, resulting in a price per square foot of $450.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $32,745,600
- Address: 1020 Mildred St.
- Market: Inland Empire
Voit Real Estate Services represented both parties in the transaction, with Ryan Moore and Christian Emerson serving as the brokers. Their expertise and professionalism contributed to the successful completion of the deal.
Players
Dallas 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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93