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1041 South Placentia Avenue

John Son & Christopher J. Destino Of Lee & Associates Represent Buyer For Industrial Building In Fullerton For $3.4M
SOLDIndustrial

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

Christoher J. Destino

Lee & Associates

Broker

$20.2M

vol

4 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage

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