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27927 Smyth Drive

Industrial Property At 27927 Smyth Drive Sells For $3.75 Million In Valencia
SOLDIndustrial

Industrial Property At 27927 Smyth Drive Sells For $3.75 Million In Valencia

27927 Smyth Drive

$3,750,000

$371/SF

Building Size

10,086 SF

Asset Type

Industrial

Closing

Dec 13, 2024

AI

The property is an industrial asset located at 27927 Smyth Drive in the Valencia market. This transaction involved a sale price of $3,750,000 for a total square footage of 10,086, resulting in a price per square foot of $371.

Summary of transaction details:

Matt Sreden and Yair Haimoff represented the transaction through their agency, Spectrum Commercial Real Estate, facilitating the sale of the property. Their expertise contributed to the successful conclusion of this industrial asset transaction.

Players

Yair Haimoff

Spectrum Commercial Real Estate

Broker

$165.3M

vol

38 deals

Broker

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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93