EverWest Acquires Industrial Property In San Lorenzo For $35M
SOLD
$35,000,000
California
See Similar DealsIndustrial121,690 SF
Sold 10/27/2022
SOLD
EverWest Acquires Industrial Property In San Lorenzo For $35M
2480 Baumann Avenue, San Lorenzo, California 94580, United States
See Similar DealsIndustrial121,690 SF
Sold 10/27/2022
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$287
Total Square Footage:121,690 SF
Transaction Type:Sale
The industrial property located at 2480-2488 Baumann Avenue in San Lorenzo has been sold for a total price of $35,000,000. The property spans across 6.6 acres and offers a total square footage of 121,690. The sale was finalized on October 27, 2022. Rick Stone captured an image of the property.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $35,000,000
- Address: 2480-2488 Baumann Avenue, San Lorenzo
- Market: San Lorenzo
- Acres: 6.6
- Buyer: EverWest - Rick Stone
In this exchange, Rick Stone, representing EverWest, acted as the buyer. No further details regarding the transaction were provided.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,866,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$124,347.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$165,917.86
Annual Debt Service$1,991,014.27
Is there something missing? Send suggestions