facebook

traded

+ Submit
Home

/

Deals

/

California

/

Industrial

/

Sale

/

12333 Los Nietos Road

Leed Electric Inc. Acquires Industrial Property In Santa Fe Springs For $12.1M
SOLDIndustrial

Leed Electric Inc. Acquires Industrial Property In Santa Fe Springs For $12.1M

12333 Los Nietos Road

$12,100,000

$311/SF

Building Size

38,801 SF

Asset Type

Industrial

Closing

Nov 17, 2023

AI

A 38,801 square foot industrial property located at 12333 Los Nietos Road in Santa Fe Springs has been sold for $12,100,000. The property was sold by Vantage Associates, Inc. to Leed Electric Inc.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $12,100,000
  • Address: 12333 Los Nietos Road
  • Market: Santa Fe Springs
  • Buyer: Leed Electric Inc.
  • Seller: Vantage Associates, Inc.

Dan Berkenfield from Voit Real Estate Services represented the buyer, Leed Electric Inc., in the transaction. Barbara Perrier and Bennett Robinson from CBRE represented the seller, Vantage Associates, Inc.

Players

Barbara Perrier

CBRE

Broker

$1.8B

vol

36 deals

Broker

Santa Fe Springs 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

1.31%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93