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:
- Property Type: Industrial
- Transaction Amount: $35,000,000
- Address: 15914 South Avalon Boulevard
- Market: Compton
- Acres: 6.09
- Square Footage: 75,431
- Price Per Square Foot: $464
- Buyer: Access Services
- Seller: Descansando Properties
- Brokers: Elizabeth Capati, Gian Bruno, Jeffrey Smart, Kenny Patricia, Kylie Jones & Michael Kendall - Colliers
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
Compton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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