Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires 21,395 SF Warehouse In Garden Grove, CA For $8.8M
11551 Markon Dr, Garden Grove, California, USA
$8,842,500
$413/SF
Building Size
21,395 SF
Asset Type
Industrial
Closing
Nov 29, 2021
About this deal
AI
The warehouse located at 11551 Markon Dr in Garden Grove, CA has been sold. The sale took place on November 30, 2021. The property spans 21,395 square feet and was sold for a price of $8,842,500, resulting in a price per square foot of $413.
Summary of transation details
- Property Type: Warehouse
- Transaction Amount: $8,842,500
- Address: 11551 Markon Dr, Garden Grove, CA
- Market: Garden Grove, CA
- Square Feet: 21,395
- Price per Square Foot: $413
The sale of this warehouse in Garden Grove, CA involved key parties in the transaction. Unfortunately, no additional information regarding the individuals or companies involved is available.
Players
Garden Grove Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.79%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93