Updated Oct 12, 2026
Panattoni Company Acquires Industrial Property In Tustin For $19.3M
14351 Myford Road, Tustin, California 92780, United States
$19,300,000
$214/SF
Building Size
90,000 SF
Asset Type
Industrial
Closing
Apr 7, 2022
About this deal
AI
The industrial property located at 14351 Myford Road in Tustin has been sold. The property spans across 3.6 acres and is owned by Carl Panattoni. The transaction took place on April 8, 2022, and the sale price amounted to $19,300,000. The property offers 90,000 square feet of space, resulting in a price per square foot of $214.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $19,300,000
- Address: 14351 Myford Road, Tustin
- Market: Tustin
- Acres: 3.6
The buyer in this transaction is Panattoni Company, represented by Carl Panattoni. The deal signifies the involvement of key individuals and companies in the real estate market.
On the Map
$19,300,000
$214/SF
Industrial
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Players
Tustin 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
0.82%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93