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John Son & Christopher J. Destino Of Lee & Associates Represent Buyer For Industrial Building In Fullerton For $3.4M
SOLD
$3,400,000
California
See Similar DealsIndustrial9,982 SF
Sold 07/09/2025
SOLD
John Son & Christopher J. Destino Of Lee & Associates Represent Buyer For Industrial Building In Fullerton For $3.4M
1041 South Placentia Avenue
See Similar DealsIndustrial9,982 SF
Sold 07/09/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$340
Total Square Footage:9,982 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$181,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82
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