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15301 Springdale Street, Hu...

Updated Oct 28, 2024

Bilt advertisement
Crowns Associates Realty Acquires Industrial Property In Huntington Beach For $35.3M
SOLDIndustrial

Crowns Associates Realty Acquires Industrial Property In Huntington Beach For $35.3M

15301 Springdale Street, Huntington Beach, CA, USA

$35,300,000

$288/SF

Building Size

122,280 SF

Asset Type

Industrial

Closing

Jun 7, 2020

About this deal

AI

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $35,300,000
  • Address: 15301 Springdale Street, 15461 Springdale Street
  • Market: Huntington Beach
  • Buyer: Crowns Associates Realty - Mitchell Bloom
  • Seller: SARES REGIS Group - Chris Payne
  • Brokers: Brad Bierbaum, Gary Stache & Jeff Carr - CBRE
  • Square Footage: 122,280
  • Price per Square Foot: $288

The industrial sale at 15301 Springdale Street, Huntington Beach, CA, USA in Huntington Beach, California sold for $35.3M in 2020. The building is 122,280 square feet, implying about 288 per square foot on the published price. Jeff Carr, Brad Bierbaum, Gary Stache, Chris Payne appear on the sale alongside CBRE. This page is the Huntington Beach, California file for the 15301 Springdale Street, Huntington Beach, CA, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Huntington Beach sit in the Market section below. Filter that Huntington Beach industrial set by closing date to see what else sold near 15301 Springdale Street, Huntington Beach, CA, USA around 2020. Published consideration for 15301 Springdale Street, Huntington Beach, CA, USA is $35.3M, dated 2020. Cite this Crowns Associates Realty Acquires Industrial Property In Huntington Beach For $35.3M sale when underwriting similar industrial product around Huntington Beach, California.

Players

Gary Stache

CBRE

Broker

$481.9M

vol

33 deals

Broker

Chris Payne

Sares Regis Group

Seller

$175.8M

vol

4 deals

Seller

Huntington Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $288 per square foot on a published $35.3M for 122,280 square feet (2020).

Visit Jeff Carr to view all their deals.

Browse California industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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