facebook
Traded Co logo
Submit

Sam Saejoo Yoo Acquires Industrial Property On Westminster Boulevard In Garden Grove For $6.55M

Property Image
SOLD
$6,550,000

California

See Similar Deals
Industrial19,008 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Sam Saejoo Yoo Acquires Industrial Property On Westminster Boulevard In Garden Grove For $6.55M

11751 Westminster Boulevard

See Similar Deals
Industrial19,008 SF
Sold
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$344
Total Square Footage:19008 SF
Transaction Type:Sale

A industrial property located at 11751 Westminster Boulevard in Garden Grove has been sold for a price of $6,550,000. The property spans a total area of 19,008 square feet, resulting in a price per square foot of $345.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $6,550,000
  • Address: 11751 Westminster Boulevard, Garden Grove
  • Market: Garden Grove

The buyer of the property is Sam Saejoo Yoo, while the seller is Jirair Tatarian. The transaction was facilitated by Kyle Williams from Ashwill Associates, Nathan Demosthenes, and Joseph Lising from Cushman & Wakefield.

Players

Joseph Lising
8 deals$63.8M volume(949) 372-4896
BROKER

Nathan Demosthenes
Cushman & Wakefield
10 deals$49.2M volume
BROKER

Kyle Williams
Ashwill Associates
1 deal$6.6M volume(949) 293-6788
BROKER

Details

SOLD
IMAGE: Kyle Williams, Nathan Demosthenes & Joseph Lising DATE: 12/28/2023 ADDRESS: 11751 Westminster Boulevard MARKET: Garden Grove ASSET TYPE: Industrial BUYER: Sam Saejoo Yoo SELLER: Jirair Tatarian SELLER'S REP: Kyle Williams - Ashwill Associates; Nathan Demosthenes (@Natedemos) & Joseph Lising - Cushman & Wakefield (@CushWake) SALE PRICE: $6,550,000 SF: 19,008 ~ PPSF: $345

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

Contact

Get in touch with the broker you want

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)

$349,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$23,270.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,050.34
Annual Debt Service$372,604.10