Updated Dec 4, 2024
Sam Saejoo Yoo Acquires Industrial Property On Westminster Boulevard In Garden Grove For $6.55M
11751 Westminster Boulevard
$6,550,000
$344/SF
Building Size
19,008 SF
Asset Type
Industrial
Closing
Dec 28, 2023
About this deal
AI
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.
On the Map
$6,550,000
$344/SF
Industrial
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Players
Garden Grove 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
2.42%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93