Orange County Sanitation District Acquires Industrial Building From Rexford Industrial For $26.7M
18250 Euclid Street
$26,700,000
$424/SF
Building Size
62,838 SF
Asset Type
Industrial
Closing
Apr 29, 2026
AI
The Orange County Sanitation District purchased an industrial building located at 18250 Euclid Street in Fountain Valley. The transaction was completed for a total of $26,700,000, translating to a price per square foot of $425 for the 62,838-square-foot asset.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $26,700,000
- Address: 18250 Euclid Street
- Market: Fountain Valley
- Seller: Laura Clark - Rexford Industrial
- Buyer: The Orange County Sanitation District
- Square Footage: 62,838
- Price per Square Foot: $425
This acquisition by the Orange County Sanitation District marks one of the largest industrial sales in Orange County for the quarter, further showcasing the ongoing demand for industrial real estate within the constrained Airport submarket, characterized by low vacancy rates and limited supply.
Players
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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93