Peter Teuscher Acquires Industrial Property In Santa Fe Springs For $12.4M
SOLD
$12,400,000
California
See Similar DealsIndustrial41,700 SF
Sold 01/13/2021
SOLD
Peter Teuscher Acquires Industrial Property In Santa Fe Springs For $12.4M
10329 Painter Ave, Santa Fe Springs, CA, USA
See Similar DealsIndustrial41,700 SF
Sold 01/13/2021
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$297
Total Square Footage:41,700 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$661,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$44,054.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$58,782.33
Annual Debt Service$705,387.91
Is there something missing? Send suggestions