Andresen Johnson Acquires Industrial Property In Ventura County For $4M
SOLD
$4,000,000
California
See Similar DealsIndustrial21,200 SF
Sold 11/30/2021
SOLD
Andresen Johnson Acquires Industrial Property In Ventura County For $4M
1579 Los Angeles Avenue, Ventura, California 93004, United States
See Similar DealsIndustrial21,200 SF
Sold 11/30/2021
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$188
Total Square Footage:21,200 SF
Transaction Type:Sale
The industrial property located at 1579-1585 Los Angeles Avenue in Ventura County has been sold. The property spans a total area of 21,200 square feet. The sale was completed on November 30, 2021.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $4,000,000
- Price per Square Foot: $188
- Buyer: Andresen Johnson
- Seller: Mark Pool
- Brokers: Bentley McKean, Gary Cohen, and James DeBuiser (Cohen-DeBuiser Team) - Marcus & Millichap
The buyer, Andresen Johnson, acquired the property from the seller, Mark Pool. The transaction was facilitated by the Bentley McKean, Gary Cohen, and James DeBuiser of the Cohen-DeBuiser Team, representing Marcus & Millichap. The sale price for the property was $4,000,000, resulting in a price per square foot of $188.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
Is there something missing? Send suggestions