Daytona Holding LLC Acquires Industrial Building In Santa Ana From Stage Stop 8 LLC For $13.2M
2249 South Yale Street
$13,200,000
$266/SF
Building Size
49,506 SF
Asset Type
Industrial
Closing
May 10, 2025
AI
A 49,506 square foot industrial building located at 2249 South Yale Street in Santa Ana was sold for $13,200,000. The transaction involved a notable amount of $267 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $13,200,000
- Address: 2249 South Yale Street
- Market: Santa Ana
- Square Footage: 49,506
- Price Per Square Foot: $267
- Buyer: Daytona Holding LLC
- Seller: Stage Stop 8 LLC
- Brokers: Michael Hefner & Mike Vernick - Voit Real Estate Services
The transaction was facilitated by Michael Hefner and Mike Vernick of Voit Real Estate Services, who represented both the buyer, Daytona Holding LLC, and the seller, Stage Stop 8 LLC. The buyer plans to utilize the site as an auxiliary facility.
Players
Santa Ana 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
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93