Pleaser USA Acquires Industrial Facility From Caprock Partners For $99.92M In Walnut
4200 Valley Boulevard
$99,920,000
$370/SF
Building Size
269,780 SF
Asset Type
Industrial
Closing
Jan 6, 2025
AI
The property involved in this transaction is located at 4200 Valley Boulevard in Walnut, California. This industrial asset was sold for $99,920,000, encompassing a total square footage of 269,780. The price per square foot for this transaction is $370. The facility features 40-foot clear heights, a rear-load design with 28 dock-high doors, 45 trailer parking stalls, 130 parking spaces, and includes 10,000 square feet of two-story office space. It was recently completed in December 2024.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $99,920,000
- Buyer: Pleaser USA
- Seller: Caprock Partners
- Seller's Representative: Wes Hunnicutt, Matthew (Matt) Moore & Michael (Mike) Torres - Stream Realty Partners
- Market: Walnut
- Square Footage: 269,780
- Price per Square Foot: $370
- Completion Date: December 2024
This transaction is noteworthy as it represents one of the largest user-sale purchases in Los Angeles County in the last two years. The seller, CapRock Partners, was represented by Wes Hunnicutt, Matt Moore, and Mike Torres from Stream Realty Partners. The property was designed by Douglas Franz Architects and constructed by Fulcrum Construction. It is strategically located with easy access to the 57, 60, and 71 Freeways, positioning it as a valuable asset for logistics and transportation needs.
Players
Walnut 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
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93