Vectra Management Group Acquires Industrial Property In Brea, CA For $17.5M
350 Ranger Street
$17,500,000
$126/SF
Building Size
138,710 SF
Asset Type
Industrial
Closing
Oct 24, 2022
AI
An industrial property located at 350 Ranger St in Brea, CA was recently sold for $17,500,000. The property spans 138,710 square feet, resulting in a price per square foot of $126.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $17,500,000
- Address: 350 Ranger St, Brea, CA
- Market: Brea, CA
The buyer in this transaction was Vectra Management Group, while the seller was Saunders Property Company, represented by John Saunders. Anthony DeLorenzo, Bryan Johnson, Gary Stache, and Nick Williams from CBRE acted as the seller's representatives.
Players
Brea 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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93