Updated Dec 21, 2023
Bob Boc Acquires Industrial Property In Ontario For $6.3M
4071 Greystone Drive, Ontario, California 91761, United States
$6,300,000
$167/SF
Building Size
37,513 SF
Asset Type
Industrial
Closing
Jan 31, 2022
About this deal
AI
A 37,513-square-foot industrial property located at 4071 Greystone Avenue in Ontario has been sold for $6,300,000. The transaction took place on February 1, 2022, and the sale was represented by Jared Swedelson of NAI Capital. The buyer of the property is Bob Boc, while the seller is Stewart Reed.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $6,300,000
- Square Footage: 37,513
- Address: 4071 Greystone Avenue, Ontario
- Market: Ontario
Jared Swedelson from NAI Capital acted as the broker in this industrial property sale. The transaction involved the buyer, Bob Boc, and the seller, Stewart Reed. The deal was successfully completed on February 1, 2022.
Players
Ontario 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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93