Updated Dec 21, 2023
Brandon Michaels Facilitates $14M Industrial Sale In Gardena
West 178th Street, Gardena, CA 90248, USA
$14,000,000
$178/SF
Building Size
78,542 SF
Asset Type
Industrial
Closing
Jan 2, 2020
About this deal
AI
Located at 1411-1415 W 178th St in Gardena, this industrial property was recently sold for a price of $14,000,000. Spanning over 78,542 square feet, the property offers ample space for various industrial purposes. With a price per square foot of $178.25, this transaction showcases the value of the property.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $14,000,000
- Address: 1411-1415 W 178th St
- Market: Gardena
- Square Footage: 78,542
- Price per Square Foot: $178.25
Brandon Michaels, a broker from the Brandon Michaels Group, represented the parties involved in this transaction. This successful deal highlights the expertise and professionalism of Brandon Michaels in the real estate industry.
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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93