Rockefeller Group Sells Industrial Property In Perris For $92M
23458 Cajalco Road
$92,000,000
$317/SF
Building Size
289,407 SF
Asset Type
Industrial
Closing
Apr 19, 2022
AI
The industrial property located at 23458 Cajalco Road in Perris has recently been sold. The property spans across 13.0 acres and is part of the thriving Perris market. The transaction was completed on 04/19/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $92,000,000
- Square Footage: 289,407
- Price per Square Foot: $317
- Address: 23458 Cajalco Road, Perris
The seller of the property was Rockefeller Group, represented by Daniel J. Moore. The transaction was facilitated by the broker firms Lee & Associates and Cushman & Wakefield.
Perris 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
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93