facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Industrial

/

Sale

/

3241 Darby Com, Fremont, CA...

Bijan Chansari Acquires Industrial Property In Fremont For $5.9M
SOLDIndustrial

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

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.

Players

Michael Smith

Seller

$122.1M

vol

4 deals

Seller

Fremont Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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