Updated Dec 21, 2023
Ian Christie Acquires Industrial Property In Santa Clara, CA For $5.4M
3445 De La Cruz Boulevard, Santa Clara, California 95054, United States
$5,400,000
$400/SF
Building Size
13,480 SF
Asset Type
Industrial
Closing
Feb 27, 2022
About this deal
AI
The industrial property located at 3445 De La Cruz Blvd in Santa Clara, CA has been sold in a transaction that closed on February 28, 2022. The property spans a total area of 13,480 square feet and was sold at a price of $5,400,000, resulting in a price per square foot of $400.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,400,000
- Square Footage: 13,480
- Price per Square Foot: $400
- Address: 3445 De La Cruz Blvd, Santa Clara, CA
- Market: Santa Clara, CA
The buyer of the property is Ian Christie, while the seller is Blanca Chi.
Players
Santa Clara 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93