Compass Commercial Facilitates $1.45M Sale Of Industrial Property In Chino
SOLD
$1,455,000
California
See Similar DealsIndustrial7,596 SF
Sold 01/23/2019
SOLD
Compass Commercial Facilitates $1.45M Sale Of Industrial Property In Chino
13417 Benson Avenue, Chino, CA, USA
See Similar DealsIndustrial7,596 SF
Sold 01/23/2019
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$191
Total Square Footage:7,596 SF
Transaction Type:Sale
The industrial property located at 13417 Benson Ave in Chino has been sold for a price of $1,455,000. The property spans across 7,596 square feet and is situated in the Chino market. The sale was finalized on 01/23/2019. The price per square foot for this transaction was $191.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,455,000
- Square Footage: 7,596
- Address: 13417 Benson Ave
- Market: Chino
The sale was facilitated by Brett Alphin of Compass Commercial, who represented the parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,169.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,897.44
Annual Debt Service$82,769.31
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