Greg Gustin Sells Industrial Property In Valencia For $5.58M - CBRE Brokers Sam Glendon & Craig Peters
25230 West Avenue Stanford
$5,580,000
$227/SF
Building Size
24,517 SF
Asset Type
Industrial
Closing
Jan 24, 2024
AI
Located at 25230 Avenue Stanford in Valencia, this industrial property was recently sold in a closed transaction. The property spans over 24,517 square feet, offering ample space for various industrial activities. The sale price for this property was $5,580,000, resulting in a price per square foot of $228.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $5,580,000
- Square Footage: 24,517
- Price Per Square Foot: $228
- Address: 25230 Avenue Stanford, Valencia
The seller in this transaction was Greg Gustin. Acting as the representatives for this deal were Sam Glendon and Craig Peters from CBRE.
Players
Valencia 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
2.84%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93