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18421 South Main Street

AIDS Healthcare Foundation Acquires Industrial Property In Gardena For $20M
SOLDIndustrial

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

Andrew Dilfer

Kidder Mathews

Broker

$48.2M

vol

2 deals

Broker
AF
AIDS Healthcare FoundationBuyer

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