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Private Investor Acquires 1.8 Acre Industrial Warehouse In Compton For $16M With Buyer's Rep Anthony Bergeman And Seller's Rep Jeff Smart & Elizabeth Capati

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SOLD
$16,000,000

California

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Industrial43,540 SF
Sold 10/13/2023
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SOLD

Private Investor Acquires 1.8 Acre Industrial Warehouse In Compton For $16M With Buyer's Rep Anthony Bergeman And Seller's Rep Jeff Smart & Elizabeth Capati

1303 Walnut Park Way

See Similar Deals
Industrial43,540 SF
Sold 10/13/2023
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$367
Total Square Footage:43,540 SF
Transaction Type:Sale

A 43,540-square-foot industrial warehouse located at 1303 West Walnut Parkway in Compton has been sold for $16,000,000. The property sits on 1.8 acres of land in the Compton market, just south of Los Angeles. The transaction was facilitated by DAUM Commercial Real Estate Services, with Anthony Bergeman representing the buyer and Jeff Smart & Elizabeth Capati representing the seller, Colliers.

Summary of transaction details

The buyer, a private investor, plans to renovate the onsite office space as part of the acquisition.

Players

Anthony Bergeman
4 deals$50.8M volume(714) 749-9351
BROKER

Jeffrey "Jeff" Smart
Colliers
4 deals$83.4M volume(310) 321-1812
BROKER

Elizabeth Capati
Colliers
4 deals$83.4M volume(310) 321-1855
BROKER

Details

SOLD
IMAGE: Anthony Bergeman, Jeff Smart & Elizabeth Capati DATE: 10/13/2023 ADDRESS: 1303 West Walnut Parkway MARKET: Compton ASSET TYPE: Industrial ~ ACRES: 1.8 BUYER'S REP: Anthony Bergeman - DAUM Commercial Real Estate Services (@DaumCommercialRealEstate) SELLER'S REP: Jeff Smart & Elizabeth Capati (@LizCharlene) - Colliers SALE PRICE: $16,000,000 SF: 43,540 ~ PPSF: $367 NOTE: DAUM Commercial Real Estate Services assisted in the $16 million purchase of a 43,540-square-foot industrial warehouse at 1303 W. Walnut Parkway in Compton, just south of Los Angeles. A private investor acquired the property and plans to renovate the onsite office space.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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