Updated May 12, 2025
Jay Ahluwalia Of Storm Properties Acquires Industrial Outdoor Storage Site In Santa Ana For $5.9M
4320 1st Street & 201 South Mountain View Street
$5,900,000
Building Size
—
Asset Type
Industrial
Closing
May 8, 2025
About this deal
AI
Storm Properties acquired a 2.5-acre industrial outdoor storage site located at 4320 West 1st Street & 201 South Mountain View Street in Santa Ana for $5.9 million. The property includes an 11,300 square foot building equipped with food-grade infrastructure and features a fenced concrete yard for secure operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,900,000
- Acres: 2.5
- Address: 4320 West 1st Street & 201 South Mountain View Street
- Market: Santa Ana
Jay Ahluwalia represented Storm Properties in this transaction. Newmark’s Scott Read is tasked with marketing the vacant property for lease, highlighting its potential for future tenants seeking industrial space in the area.
On the Map
$5,900,000
Industrial
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Players
Santa Ana Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93