AIDS Healthcare Foundation Acquires Industrial Property In Gardena For $20M
18421 South Main Street
$20,000,000
$370/SF
Building Size
53,978 SF
Asset Type
Industrial
Closing
Oct 6, 2023
AI
The industrial property located at 18421 South Main Street in Gardena has been sold for a transaction amount of $20,000,000. The property, measuring 53,978 square feet, is situated in the Gardena market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $20,000,000
- Square Footage: 53,978
- Price Per Square Foot: $371
- Address: 18421 South Main Street
- Market: Gardena
The buyer of this property is AIDS Healthcare Foundation. The seller's representatives for this deal were Andrew Dilfer, Luke Staubitz, and Harvey Beesen from Kidder Mathews.
Players
Gardena 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93