Updated Oct 28, 2024
Richard Aronoff Acquires Industrial Property In Santa Clarita For $4.1M
Avenue Tibbitts
$4,100,000
$314/SF
Building Size
13,045 SF
Asset Type
Industrial
Closing
Oct 14, 2022
About this deal
AI
The industrial property located at 28410 Ave Tibbitts in Santa Clarita, CA has been sold for a price of $4,100,000. The property spans 13,045 square feet, resulting in a price per square foot of $314. The transaction took place on October 14, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,100,000
- Address: 28410 Ave Tibbitts, Santa Clarita, CA
- Square Footage: 13,045
- Price per Square Foot: $314
- Market: Santa Clarita, CA
The buyer of the property is Richard Aronoff, while the seller is Jamar Packaging. The deal was facilitated by Christopher Erickson and John Erickson of Colliers.
Players
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93