Updated Oct 29, 2024
Dabby Properties Acquires Industrial Property In Gardena For $9.03M
13200 S Western Ave, Gardena, CA 90249, USA
$9,035,000
$213/SF
Building Size
42,385 SF
Asset Type
Industrial
Closing
Apr 18, 2021
About this deal
AI
Located in Gardena, the industrial property at 13200-13228 S. Western Avenue recently changed ownership. The property spans a total area of 42,385 square feet. The sale price for this transaction was $9,035,000, resulting in a price per square foot of $213.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $9,035,000
- Date: 04/19/2021
- Address: 13200-13228 S. Western Avenue
- Market: Gardena
Dabby Properties acquired the property from Gregory Geiser, who represented Wedgewood in the sale. Kevin Foley, Mark Shaffer, Anthony DeLorenzo, Gary Stache, Doug Mack, and Bryan Johnson from CBRE served as the seller's representatives.
On the Map
$9,035,000
$213/SF
Industrial
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Players
Gardena 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93