facebook
Traded Co logo
Submit

KTI Hydraulics Acquires Industrial Property In Tustin For $26.5M

Property Image
SOLD
$26,500,000
Steve Wagner
Xavier Nolasco
Nick Valasquez
+ 2

California

See Similar Deals
Industrial71,616 SF
Sold 08/08/2023
the dealplayerscompscontact
Property Image
SOLD

KTI Hydraulics Acquires Industrial Property In Tustin For $26.5M

1311 Valencia Ave Tustin, CA 92780, USA

See Similar Deals
Industrial71,616 SF
Sold 08/08/2023
Steve Wagner
Xavier Nolasco
Nick Valasquez
+ 2
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$370
Total Square Footage:71,616 SF
Transaction Type:Sale

A industrial property located at 1311 Valencia Avenue in Tustin has been sold in a recent transaction. The property spans a total area of 71,616 square feet, with a price per square foot of $370. The sale took place on 08/08/2023, and the transaction amount was $26,500,000.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $26,500,000
  • Address: 1311 Valencia Avenue, Tustin
  • Square Feet: 71,616
  • Price Per Square Foot: $370

The buyer in this transaction is KTI Hydraulics, Inc., while the seller is Stos Partners. Xavier Nolasco and Steve Wagner from JLL represented the buyer, while Nick Valasquez and Michael Hartel from Colliers, along with Ross Bourne from CBRE, represented the seller.

Players

Steve Wagner
JLL
Steve Wagner
5 deals$125.2M volume
BROKER
Xavier Nolasco
JLL
Xavier Nolasco
6 deals$75.2M volume
BROKER
Nick Valasquez
Colliers
Nick Valasquez
2 deals$53M volume(714) 642-1109
BROKER
Michael Hartel
Colliers
Michael Hartel
2 deals$53M volume(949) 724-5700
BROKER
Ross Bourne
CBRE
Ross Bourne
9 deals$85.1M volume(949) 929-2784
BROKER
Stos Partners
Stos Partners
BROKERAGE
KI
KTI Hydraulics, Inc.
BUYER
Stos Partners
Stos Partners
SELLER

Details

SOLD
IMAGE: DATE: 08/08/2023 ADDRESS: 1311 Valencia Avenue MARKET: Tustin ASSET TYPE: Industrial BUYER: KTI Hydraulics, Inc. SELLER: Stos Partners (@StosPartners) BUYER'S REP: Xavier Nolasco & Steve Wagner - JLL SELLER'S REP: Nick Valasquez & Michael Hartel - Colliers; Ross Bourne - CBRE SALE PRICE: $26,500,000 SF: 71,616 ~ PPSF: $370

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,413,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$94,148.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$125,623.52
Annual Debt Service$1,507,482.24