Ontario South M3 Acquires Industrial Property In Santa Ana, CA For $5.45M
2855 Pullman St, Santa Ana, CA 92705, USA
$5,450,000
$375/SF
Building Size
14,500 SF
Asset Type
Industrial
Closing
Nov 23, 2022
AI
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.
Santa Ana 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
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93