John Son & Christopher J. Destino Of Lee & Associates Represent Buyer For Industrial Building In Fullerton For $3.4M
1041 South Placentia Avenue
$3,400,000
$340/SF
Building Size
9,982 SF
Asset Type
Industrial
Closing
Jul 9, 2025
AI
An industrial building located at 1041 South Placentia Avenue in Fullerton was sold for $3,400,000. The property encompasses a total area of 9,982 square feet, equating to a price per square foot of $341.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,400,000
- Square Footage: 9,982 SF
- Address: 1041 South Placentia Avenue
- Market: Fullerton
The transaction was facilitated by brokers John Son and Christopher J. Destino from Lee & Associates, who represented an undisclosed buyer intending to convert the space into a dental lab.
Players
Fullerton 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93