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15914 South Avalon Boulevard

Access Services Purchases 6.09 Acre Industrial Site In Compton From Descansando Properties For $35M
SOLDIndustrial

Access Services Purchases 6.09 Acre Industrial Site In Compton From Descansando Properties For $35M

15914 South Avalon Boulevard

$35,000,000

$464/SF

Building Size

75,431 SF

Asset Type

Industrial

Closing

Jan 7, 2025

AI

An industrial site located at 15914 South Avalon Boulevard in Compton has been sold for $35,000,000. The property spans 6.09 acres and includes a warehouse with a total square footage of 75,431. The price per square foot for the sale is $464.

Summary of transaction details:

The sale of the property involved several key brokers from Colliers who managed the transaction, navigating Los Angeles County’s “Green Zone” regulations effectively to achieve a successful outcome for the seller. The site is strategically located near significant transportation routes and the ports of Los Angeles and Long Beach, providing expansion potential for the buyer.

Players

Gian Bruno

Colliers

Broker

$2.3B

vol

22 deals

Broker

Compton 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

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93