facebook
Traded Co logo
Submit

Rexford Industrial Acquires Industrial Property On S Main St In Carson For $6.75M

Property Image
SOLD
$6,750,000

California

See Similar Deals
Industrial42,270 SF
Sold 08/29/2019
the dealplayerscompscontact
Property Image
SOLD

Rexford Industrial Acquires Industrial Property On S Main St In Carson For $6.75M

18115 South Main Street, Carson, CA, USA

See Similar Deals
Industrial42,270 SF
Sold 08/29/2019
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$159
Total Square Footage:42,270 SF
Transaction Type:Sale

The industrial property located at 18115 S Main St in Carson was recently sold for $6,750,000. The property encompasses a total area of 42,270 square feet, resulting in a price per square foot of $159. The transaction took place on 8/29/2019 and involved the seller, Potter Road LLC, and the buyer, Rexford Industrial Realty, L.P. The property is situated in the Carson market and is currently operating as a FedEx shipping center.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $6,750,000
  • Area: 42,270 square feet
  • Price per Square Foot: $159
  • Market: Carson

The sale of this property was facilitated by Chris Comfort and Sean Hubbard from APEX Properties, who represented both parties in the transaction.

Players

14 deals$108.5M volume
BROKER

Sean Hubbard
1 deal$6.8M volume
BROKER

Rexford Industrial
BROKERAGE

Details

SOLD
IMAGE: Chris Comfort & Sean Hubbard DATE: 8/29/2019 ADDRESS: 18115 S Main St MARKET: Carson ASSET TYPE: Industrial PRICE: $6,750,000 SF: 42,270 PPSF: $159 SELLER: Potter Road LLC BUYER: Rexford Industrial Realty, L.P. BROKERS: Chris Comfort, Sean Hubbard @sdothub - APEX Properties Notes: The property currently operates as a FedEx shipping center.

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$360,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$23,981.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,998.44
Annual Debt Service$383,981.32