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30801 Agoura Road, Agoura H...

Stanley Cook Acquires Industrial Asset In Conejo Valley For $18.5M
SOLDIndustrial

Stanley Cook Acquires Industrial Asset In Conejo Valley For $18.5M

30801 Agoura Road, Agoura Hills, California 91301, United States

$18,500,000

$154/SF

Building Size

120,006 SF

Asset Type

Industrial

Closing

Feb 2, 2022

AI

The industrial property located at 30801 Agoura Road in Conejo Valley was recently sold for a total price of $18,500,000. The property spans an area of 120,006 square feet, resulting in a price per square foot of $154. The sale took place on February 2, 2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $18,500,000
  • Address: 30801 Agoura Road
  • Market: Conejo Valley

The buyer of the property was Stanley Cook, while the sellers were Jeff Smith and Scott Ostlund. The transaction was facilitated by brokers Grant Fulkerson and Mike Tingus, who represent Lee & Associates. Grant Fulkerson and Mike Tingus are both SIOR accredited.

Players

Mike Tingus

Lee & Associates

Broker

$297M

vol

24 deals

Broker

Scott Ostlund

Seller

$49.6M

vol

3 deals

Seller

Agoura Hills 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

0.86%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93