BeBella Inc. Acquires Industrial Property In Santa Fe Springs For $53.5M
12521 Los Nietos Road
$53,500,000
$576/SF
Building Size
92,771 SF
Asset Type
Industrial
Closing
Oct 17, 2023
AI
BeBella Inc., represented by Esmeralda Hernandez, has purchased a newly developed industrial property in Santa Fe Springs from Panattoni, represented by Adon Panattoni. The property, located at 12521 Los Nietos Road, spans over 92,771 square feet and was sold for a total of $53.5 million. The transaction took place on September.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $53,500,000
- Square Footage: 92,771
- Price per Square Foot: $577
- Address: 12521 Los Nietos Road
- Market: Santa Fe Springs
Notably, the property includes 6,339 square feet of office space and benefits from its strategic location near major freeways and ports.
Players
Santa Fe Springs 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
0.30%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93