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11571 Sheldon Street

Afshin Sooferian Sells Industrial Property At 11571 Sheldon Street To Laura Meldere For $2.575M
SOLDIndustrial

Afshin Sooferian Sells Industrial Property At 11571 Sheldon Street To Laura Meldere For $2.575M

11571 Sheldon Street

$2,575,000

$204/SF

Building Size

12,617 SF

Asset Type

Industrial

Closing

May 7, 2025

AI

The property asset involved in this transaction is an industrial asset located at 11571 Sheldon Street in the Sun Valley market. The sale was completed for a total price of $2,575,000, with a total square footage of 12,617, resulting in a price per square foot of $204.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,575,000
  • Address: 11571 Sheldon Street
  • Market: Sun Valley
  • Square Footage: 12,617
  • Price per Square Foot: $204
  • Seller: Afshin Sooferian
  • Buyer's Representative: Laura Meldere - Beverly & Company

The deal involved Afshin Sooferian as the seller, with Laura Meldere representing the buyer through Beverly & Company. Their roles facilitated the successful closure of the transaction, ensuring all parties were effectively represented throughout the process.

Players

Laura Meldere

Beverly & Company

Broker

$20.5M

vol

7 deals

Broker
Beverly & Company
Beverly & CompanyBrokerage

Sun Valley Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.16%

Cash-on-Cash

-1.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93