Stos Partners Acquires Industrial Property In Tustin For $19.2M
1311 Valencia Avenue, Tustin, California 92780, United States
$19,200,000
$268/SF
Building Size
71,616 SF
Asset Type
Industrial
Closing
Dec 14, 2021
AI
Located at 1311 Valencia Avenue in Tustin, this industrial property was recently sold in a closed transaction. The property spans 71,616 square feet and is situated in the Tustin market. The sale price of the property was $19,200,000, resulting in a price per square foot of $268.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $19,200,000
- Square Footage: 71,616
- Market: Tustin
Stos Partners was the buyer in this transaction, and they were represented by Michael Hartel, Nick Velasquez, and Grant Clancy from Colliers International.
Players
Tustin 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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93