Rexford Industrial Acquires Industrial Property In Chino For $27.5M
13925 Benson Avenue
$27,500,000
$95/SF
Building Size
288,862 SF
Asset Type
Industrial
Closing
Apr 7, 2023
AI
The industrial property located at 13925 Benson Avenue in Chino has been sold in a closed transaction. The property spans a total area of 288,862 square feet and was sold for $27,500,000, resulting in a price per square foot of $95.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $27,500,000
Rexford Industrial acquired the property from Ricky Martin. The deal was facilitated by Shy Assar from Voit Real Estate Services, who represented the buyer in this transaction.
Players
Market 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
0.58%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93