Dunleer Acquires Industrial Property In Santa Ana & Bellflower For $13M
4404 1st Street, Santa Ana, California 92703, United States
$13,000,000
$1,706/SF
Building Size
7,618 SF
Asset Type
Industrial
Closing
Jun 21, 2022
AI
A 3.8-acre industrial property located at 4404 W. First St. and 10027 Artesia Blvd. in Santa Ana and Bellflower has been sold for $13,000,000. The property has a total area of 7,618 square feet, resulting in a price per square foot of $1,706. The transaction took place on June 22, 2022. The buyer in this deal is Dunleer.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $13,000,000
- Address: 4404 W. First St. & 10027 Artesia Blvd.
- Market: Santa Ana & Bellflower
- Size (ACRES): 3.8
The brokers involved in this transaction are Chad Solomon from JLL and John Rendon from INCO Commercial.
Players
Santa Ana 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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93