Updated Oct 28, 2024
Greenrock Industrial Acquires Industrial Property In Duarte, CA For $1.25M
2301 Central Avenue
$1,250,000
$347/SF
Building Size
3,600 SF
Asset Type
Industrial
Closing
Sep 19, 2022
About this deal
AI
The industrial property located at 2301 Central Ave in Duarte, CA has been sold. The property spans 3,600 square feet and was sold for a price of $1,250,000, resulting in a price per square foot of $347. The buyer is Greenrock Industrial, and the seller is Raymond Kubacki.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,250,000
- Address: 2301 Central Ave, Duarte, CA
- Buyer: Greenrock Industrial
- Buyer's Representative: Tina LaMonica - NAI Capital
- Seller: Raymond Kubacki
- Seller's Representative: Alfredo Mejia - CIBA Real Estate
Tina LaMonica from NAI Capital represented the buyer, Greenrock Industrial, in the transaction. Alfredo Mejia from CIBA Real Estate represented the seller, Raymond Kubacki.
Players
Duarte 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93