Updated Sep 9, 2024
Philip James Minter Acquires Industrial Property In Newbury Park For $4.5M
2517 Azurite Cir, Newbury Park, Thousand Oaks, CA, USA
$4,500,000
$213/SF
Building Size
21,102 SF
Asset Type
Industrial
Closing
May 3, 2021
About this deal
AI
An industrial property located at 2517 Azurite Cir in Newbury Park has been sold. The property spans 21,102 square feet and is situated in the market of Newbury Park. The transaction took place on 05/04/2021.
Summary of transaction details
- Property Type: Industrial
- Asking Price: $4,859,000
- Sale Price: $4,500,000
- Square Footage: 21,102
The buyer's representative in this transaction was Philip Minter from Philip Minter Agency. The property was sold for $4,500,000, with an asking price of $4,859,000. The price per square foot was $213.
Thousand Oaks 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93