Bridge Logistics Properties Acquires Truck And Container Yard Near Port Of Los Angeles In Wilmington For $6.55M
336 E D St, Wilmington, Ca 90744
$6,550,000
$172/SF
Building Size
38,038 SF
Asset Type
Industrial
Closing
Jul 11, 2023
AI
The Klabin Company has brokered the $6.55 million sale of a truck and container yard near the Port of Los Angeles in Wilmington. The property, located at 336 East D Street, is an industrial asset consisting of a warehouse/office building. It encompasses a total area of 38,038 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,550,000
- Address: 336 East D Street
- Market: Wilmington
Bridge Logistics Properties (BLP) acquired the property from the Lacy Family Trust. The deal was facilitated by Tyler Rollema and Matt Stringfellow from The Klabin Company/CORFAC International, acting as the brokers representing both the buyer and the seller. Additionally, the property is currently leased to Road One, a transportation company.
Players
Los Angeles 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
2.42%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93