facebook
Traded Co logo
Submit

Stos Partners Acquires Industrial Property In Tustin For $19.2M

Property Image
SOLD
$19,200,000
Nick Velasquez
Mike Hartel
Grant Clancy

California

See Similar Deals
Industrial71,616 SF
Sold 12/14/2021
the dealplayerscompscontact
Property Image
SOLD

Stos Partners Acquires Industrial Property In Tustin For $19.2M

1311 Valencia Avenue, Tustin, California 92780, United States

See Similar Deals
Industrial71,616 SF
Sold 12/14/2021
Nick Velasquez
Mike Hartel
Grant Clancy
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$268
Total Square Footage:71,616 SF
Transaction Type:Sale

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

Mike Hartel
Colliers
Mike Hartel
2 deals$31.1M volume
BROKER
Nick Velasquez
Colliers
Nick Velasquez
2 deals$31.1M volume
BROKER
Grant Clancy
Colliers
Grant Clancy
1 deal$19.2M volume
BROKER
Stos Partners
Stos Partners
BROKERAGE
Stos Partners
Stos Partners
BUYER

Details

SOLD
IMAGE: Jason Richards, CJ Stos & Jay Boyle DATE: 12/14/2021 ADDRESS: 1311 Valencia Avenue MARKET: Tustin ASSET TYPE: Industrial BUYER: Stos Partners (@StosPartners) BROKERS: Michael Hartel, Nick Velasquez & Grant Clancy - Colliers International SALE PRICE: $19,200,000 SF: 71,616 ~ PPSF: $268

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)

$1,024,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$68,213.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$91,017.80
Annual Debt Service$1,092,213.54