Updated Sep 10, 2024
Ron Kassan & Art Minassian Acquire Industrial Property In Santa Clarita Valley For $5.25M
28343 Kelly Johnson Pkwy, Valencia, CA, USA
$5,250,000
$269/SF
Building Size
19,474 SF
Asset Type
Industrial
Closing
Jun 28, 2020
About this deal
AI
The industrial property located at 28343 Kelly Johnson Pky. in Santa Clarita Valley has been sold. The transaction took place on 06/28/2021. The property, spanning 19,474 square feet, was sold for a total price of $5,250,000, resulting in a price per square foot of $269.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $5,250,000
- Square Footage: 19,474
- Price Per Square Foot: $269
- Market: Santa Clarita Valley
- Brokers: Ron Kassan, Art Minassian & Grant Gomer
Ron Kassan, Art Minassian, and Grant Gomer were the brokers involved in this transaction. They represented the parties involved in the deal.
On the Map
$5,250,000
$269/SF
Industrial
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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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93