Updated Oct 29, 2024
Peter Teuscher Acquires Industrial Property In Santa Fe Springs For $12.4M
10329 Painter Ave, Santa Fe Springs, CA, USA
$12,400,000
$297/SF
Building Size
41,700 SF
Asset Type
Industrial
Closing
Jan 12, 2021
About this deal
AI
The industrial property located at 10329 Painter Ave in Santa Fe Springs has been sold in a closed transaction. The property spans 41,700 square feet and is valued at approximately $297 per square foot. The sale took place on January 13, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,400,000
- Market: Santa Fe Springs
- Buyer: Peter Teuscher - Zurich Alternative Asset Management
- Broker: Robert E. Sulentic - CBRE
Peter Teuscher, representing Zurich Alternative Asset Management, was the buyer in this transaction. The deal was facilitated by the broker Robert E. Sulentic from CBRE.
On the Map
$12,400,000
$297/SF
Industrial
View full map
Santa Fe Springs Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Robert (Bob) Sulentic to view all their deals.
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.28%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93