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26465 Summit Circle

Yair Haimoff & Matt Sreden Of Spectrum Commercial Real Estate Represent Buyer In Santa Clarita Industrial Sale For $3.07M
SOLDIndustrial

Yair Haimoff & Matt Sreden Of Spectrum Commercial Real Estate Represent Buyer In Santa Clarita Industrial Sale For $3.07M

26465 Summit Circle

$3,070,000

$337/SF

Building Size

9,091 SF

Asset Type

Industrial

Closing

Aug 21, 2024

AI

The property asset involved in the transaction is located at 26465 Summit Circle in the Santa Clarita market. It is classified as an industrial asset with a sales price of $3,070,000. The property spans 9,091 square feet, which equates to a price per square foot of $337.

Summary of transaction details:

The key individuals involved in this transaction are Yair Haimoff and Matt Sreden, who represent the buyer through Spectrum Commercial Real Estate. Their role was crucial in facilitating the sale of the stated industrial property.

Players

Yair Haimoff

Spectrum Commercial Real Estate

Broker

$165.3M

vol

38 deals

Broker

Santa Clarita 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

5.17%

Cash-on-Cash

-1.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93