facebook

traded

+ Submit
Home

/

Deals

/

California

/

Industrial

/

Sale

/

39360 3rd Street East, Palm...

James Capital Advisors Acquires Industrial Property In Palmdale For $2.035M
SOLDIndustrial

James Capital Advisors Acquires Industrial Property In Palmdale For $2.035M

39360 3rd Street East, Palmdale, California 93550, United States

$2,035,000

$103/SF

Building Size

19,587 SF

Asset Type

Industrial

Closing

Jan 21, 2022

AI

Summary of transaction details

  • Property Type: Industrial
  • Sale Price: $2,035,000
  • Square Footage: 19,587
  • Price per Square Foot: $103
  • Address: 39360 3rd Street East, Palmdale

The industrial property located at 39360 3rd Street East in Palmdale has been sold for a total price of $2,035,000. The property spans across an area of 19,587 square feet, resulting in a price per square foot of $103. The transaction took place on 12/27/2021.

Randy Schoch, Reed Melillo, and Mike James of James Capital Advisors served as the brokers for this deal.

Players

Reed Melillo

James Capital Advisors

Broker

$767.4M

vol

5 deals

Broker

Palmdale 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

7.80%

Cash-on-Cash

-2.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93