facebook
Traded Co logo
Submit
Daily limit: 0/10

Excelsior Partners Acquires Industrial Property In Montclair For $19.77M

Property Image
SOLD
$19,770,000

California

See Similar Deals
Industrial51,976 SF
Sold 07/28/2023
the dealdetailscomps
Property Image
SOLD

Excelsior Partners Acquires Industrial Property In Montclair For $19.77M

10588 Monte Vista Ave Montclair, CA 91763, USA

See Similar Deals
Industrial51,976 SF
Sold 07/28/2023

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$380
Total Square Footage:51,976 SF
Transaction Type:Sale

An industrial property located at 10588 Monte Vista Avenue in Montclair, California, has been sold for $19.77 million. The 2.3-acre site features a warehouse building spanning 51,976 square feet. The transaction took place between Excelsior Partners, represented by Casey D. Adams, and the seller, ATG Electronics Inc.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $19,770,000
  • Address: 10588 Monte Vista Avenue, Montclair, California
  • Market: Montclair
  • Size: 2.3 acres
  • Square Feet: 51,976
  • Buyer: Excelsior Partners - Casey D. Adams
  • Seller: ATG Electronics Inc

The industrial property in Montclair, California was acquired by Excelsior Partners for a price slightly below the original asking price. The 51,976 square foot warehouse building is currently occupied by ATG Electronics Inc, serving as a valuable asset for the buyer.

Players

BUYER

Details

SOLD
IMAGE: Casey D. Adams DATE: 07/28/2023 ADDRESS: 10588 Monte Vista Avenue MARKET: Montclair ASSET TYPE: Industrial ~ ACRES: 2.3 BUYER: Excelsior Partners - Casey D. Adams (@Casey.D.Adams) SELLER: ATG Electronics Inc SALE PRICE: $19,770,000 SF: 51,976 ~ PPSF: $380 NOTE: An industrial property in Montclair, California, was sold for $19.77 million to Excelsior Partners, slightly below its asking price. The 51,976 square foot warehouse building is currently occupied by ATG Electronics Inc.

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,054,399.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$70,238.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$93,719.89
Annual Debt Service$1,124,638.63