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17406 Mount Cliffwood Circle

Trevor Solomon Acquires Industrial Property From Craig Moreland In Fountain Valley For $5.56M
SOLDIndustrial

Trevor Solomon Acquires Industrial Property From Craig Moreland In Fountain Valley For $5.56M

17406 Mount Cliffwood Circle

$5,562,900

$316/SF

Building Size

17,568 SF

Asset Type

Industrial

Closing

Apr 29, 2025

AI

The property asset involved in the transaction is located at 17406 Mount Cliffwood Circle, Fountain Valley. It is classified as an industrial asset and spans 17,568 square feet. The sale price for the property was $5,562,900, equating to a price per square foot of $316.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,562,900
  • Address: 17406 Mount Cliffwood Circle
  • Market: Fountain Valley
  • Square Footage: 17,568
  • Price per Square Foot: $316
  • Buyer: Trevor Solomon
  • Seller: Craig Moreland
  • Broker: Nathan Demosthenes - Cushman & Wakefield

This transaction involved key individuals including Trevor Solomon as the buyer and Craig Moreland as the seller, with Nathan Demosthenes representing the broker side of the deal through Cushman & Wakefield. The transaction was finalized on April 29, 2025.

Players

Nathan Demosthenes

Cushman & Wakefield

Broker

$49.2M

vol

10 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Fountain Valley 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

2.85%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93