Updated Dec 21, 2023
Bijan Chansari Acquires Industrial Property In Fremont For $5.9M
3241 Darby Com, Fremont, CA, USA
$5,866,000
$284/SF
Building Size
20,620 SF
Asset Type
Industrial
Closing
Jul 15, 2021
About this deal
AI
Bijan Chansari has purchased an industrial property located at 3241 Darby Cmn in Fremont. The property spans 20,620 square feet and was sold for a price of $5,866,000, resulting in a per square foot price of $284.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,866,000
- Address: 3241 Darby Cmn
- Market: Fremont
- Buyer: Bijan Chansari
- Seller: Marsha Joyce Witkin, Jonathan Mathew Witkin, Michael Smith & Jackie Smith
The acquisition was made by Bijan Chansari. Marsha Joyce Witkin, Jonathan Mathew Witkin, Michael Smith, and Jackie Smith acted as the sellers in this transaction. This deal marks an important milestone for both parties involved.
On the Map
$5,866,000
$284/SF
Industrial
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Players
Fremont 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
2.70%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93