Yair Haimoff Of Spectrum Commercial Real Estate Represents Sale Of Industrial Asset In Sylmar For $5.36M
12923 Foothill Boulevard
$5,369,000
$244/SF
Building Size
22,000 SF
Asset Type
Industrial
Closing
Apr 30, 2025
AI
The property asset involved in this transaction is an industrial space located at 12923 Foothill Boulevard in Sylmar. The sale was completed at a price of $5,369,000, encompassing a total square footage of 22,000, which translates to a price per square foot of $244.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,369,000
- Address: 12923 Foothill Boulevard
- Market: Sylmar
- Square Footage: 22,000
- Price per Square Foot: $244
- Broker: Yair Haimoff - Spectrum Commercial Real Estate
Yair Haimoff represented the transaction as the broker, facilitating the sale process on behalf of the involved parties. The successful closure of this deal adds to the track record of Spectrum Commercial Real Estate.
Sylmar 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
2.95%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93