facebook
Traded Co logo
Submit

Ontario South M3 Acquires Industrial Property In Santa Ana, CA For $5.45M

Property Image
SOLD
$5,450,000

California

See Similar Deals
Industrial14,500 SF
the dealplayerscompscontact
Property Image
SOLD

Ontario South M3 Acquires Industrial Property In Santa Ana, CA For $5.45M

2855 Pullman St, Santa Ana, CA 92705, USA

See Similar Deals
Industrial14,500 SF
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$375
Total Square Footage:14,500 SF
Transaction Type:Sale

The industrial property located at 2855 Pullman St in Santa Ana, CA has been sold in a recent transaction. The property spans a total area of 14,500 square feet and was sold for a price of $5,450,000, resulting in a price per square foot of $376. The buyer in this transaction is Ontario South M3, represented by Jonathan Gabriel Jordan. The seller is Purely Real Estate.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,450,000
  • Square Footage: 14,500
  • Sale Price per Square Foot: $376
  • Address: 2855 Pullman St, Santa Ana, CA
  • Market: Santa Ana, CA

The buyer, Ontario South M3, was represented by Richard Peterson from Richard Peterson Broker & Associates. On the other hand, Nathan Demosthenes from Cushman & Wakefield served as the seller's representative in this transaction.

Players

Nathan Demosthenes
10 deals$49.2M volume
BROKER

Details

SOLD
IMAGE: Nathan Demosthenes DATE: 11/23/2022 ADDRESS: 2855 Pullman St MARKET: Santa Ana, CA ASSET TYPE: Industrial BUYER: Ontario South M3 - Jonathan Gabriel Jordan SELLER: Purely Real Estate BUYER'S REP: Richard Peterson - Richard Peterson Broker & Associates SELLER'S REP: Nathan Demosthenes (@NateDemos) - Cushman & Wakefield SALE PRICE: $5,450,000 SF: 14,500 ~ PPSF: $376

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$290,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,362.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,835.78
Annual Debt Service$310,029.37