Rexford Industrial Acquires Industrial Property On S Main St In Carson For $6.75M
18115 South Main Street, Carson, CA, USA
$6,750,000
$159/SF
Building Size
42,270 SF
Asset Type
Industrial
Closing
Aug 28, 2019
AI
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
Carson 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
2.35%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93