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8775 Production Avenue, San...

Updated Dec 20, 2023

Rexford Industrial Realty Inc Acquires Industrial Property In Yorba Linda For $14.7M
SOLDIndustrial

Rexford Industrial Realty Inc Acquires Industrial Property In Yorba Linda For $14.7M

8775 Production Avenue, San Diego, CA, USA

$14,700,000

$179/SF

Building Size

81,770 SF

Asset Type

Industrial

Closing

Jun 22, 2020

About this deal

AI

A industrial property located at 22895 Eastpark Dr, 8745 & 8775 Production Ave in Yorba Linda, San Diego has been sold for a price of $14,700,000. The property spans a total area of 81,770 square feet and has a price per square foot of $179.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $14,700,000
  • Address: 22895 Eastpark Dr, 8745 & 8775 Production Ave
  • Market: Yorba Linda, San Diego
  • Square Footage: 81,770
  • Price per Square Foot: $179

The buyer of this industrial property is Rexford Industrial Realty Inc, represented by Michael Frankel and Howard Schwimmer.

Players

San Diego Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $179 per square foot on a published $14.7M for 81,770 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.08%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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