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1311 Valencia Avenue, Tusti...

Stos Partners Acquires Industrial Property In Tustin For $19.2M
SOLDIndustrial

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

Mike Hartel

Colliers

Broker

$31.1M

vol

2 deals

Broker
Stos Partners
Stos Partners Brokerage
Stos Partners
Stos Partners Buyer

Tustin Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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