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Jeff Mezzetta Of Mezzetta Foods Acquires Industrial Building In American Canyon For $18M
SOLD
California
See Similar DealsIndustrial115,968 SF
Sold 06/09/2025
SOLD
Jeff Mezzetta Of Mezzetta Foods Acquires Industrial Building In American Canyon For $18M
205 Jim Oswalt Way
See Similar DealsIndustrial115,968 SF
Sold 06/09/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$155
Total Square Footage:115,968 SF
Transaction Type:Sale
Mezzetta Foods acquired a 115,968 sq. ft. Class A industrial building located at 205 Jim Oswalt Way in American Canyon for $18 million. The property sits on 6.34 acres and represents a significant addition to Mezzetta Foods' operational capabilities.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18,000,000
- Address: 205 Jim Oswalt Way
- Market: American Canyon
- Square Footage: 115,968
- Price per Square Foot: $155
- Buyer: Jeff Mezzetta - Mezzetta Foods
- Seller: Aaron Webb & Derek Benham - Purple Brands
- Buyer's Representative: Matt Storms & Brian Keegan - Keegan & Coppin
- Seller's Representatives: Trevor Buck & Brian Foster - Cushman & Wakefield; Brooks Pedder & Tony Binswanger - CBRE
Cushman & Wakefield and CBRE co-advised the seller, while Keegan & Coppin represented the buyer in this owner/user transaction. The acquisition is part of Purple Brands' strategy to consolidate its operations.
Players
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$960,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$63,950.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,329.18
Annual Debt Service$1,023,950.20
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