Partners Capital Sells Industrial Property In West Rancho Dominguez For $5.85M
400 West Rosecrans Avenue
$5,850,000
$236/SF
Building Size
24,698 SF
Asset Type
Industrial
Closing
Mar 2, 2021
AI
Located in West Rancho Dominguez, the industrial property at 400 W. Rosecrans Ave. recently changed hands in a sale transaction. Partners Capital served as the seller in this deal, which was facilitated by brokers Sean Fulp, Ryan Plummer, Mark Schuessler, and Ryan Tetrault. The transaction took place on March 3, 2021.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $5,850,000
- Square Footage: 24,698
- Price per Square Foot: $236
- Address: 400 W. Rosecrans Ave.
- Market: West Rancho Dominguez
The property, spanning over 24,698 square feet, was sold for a total of $5,850,000, resulting in a price per square foot of $236. The deal involved Partners Capital as the seller. Representing the parties involved were brokers Sean Fulp, Ryan Plummer, Mark Schuessler, and Ryan Tetrault. The transaction signifies an important milestone in the West Rancho Dominguez industrial market.
Players
Gardena 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
2.71%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93