Ron Kassan & Art Minassian Acquire Industrial Property In Santa Clarita Valley For $5.25M
SOLD
$5,250,000
California
See Similar DealsIndustrial19,474 SF
Sold 06/28/2020
SOLD
Ron Kassan & Art Minassian Acquire Industrial Property In Santa Clarita Valley For $5.25M
28343 Kelly Johnson Pkwy, Valencia, CA, USA
See Similar DealsIndustrial19,474 SF
Sold 06/28/2020
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$269
Total Square Footage:19,474 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$280,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14
Is there something missing? Send suggestions