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4501 Arden Drive, El Monte,...

Updated Oct 28, 2024

HCC Industries INC. Sells 6.2 Acres Industrial Property In San Gabriel Valley For $12.25M
SOLDIndustrial

HCC Industries INC. Sells 6.2 Acres Industrial Property In San Gabriel Valley For $12.25M

4501 Arden Drive, El Monte, California 91731, United States

$12,250,000

$115/SF

Building Size

106,026 SF

Asset Type

Industrial

Closing

Jan 6, 2022

About this deal

AI

HCC Industries INC. has sold an industrial property located at 4501 Arden Dr. in the San Gabriel Valley Industrial market. The property spans across 6.2 acres and was sold for a total price of $12,250,000. The sale was facilitated by brokers Joseph Harmon and Charles Johnson of DAUM.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $12,250,000
  • Date: 01/06/2022
  • Address: 4501 Arden Dr.
  • Market: San Gabriel Valley Industrial

Joseph Harmon and Charles Johnson of DAUM represented HCC Industries INC. in the sale of the property. Their expertise and negotiation skills contributed to the successful transaction.

On the Map

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$12,250,000

$115/SF

Industrial

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Players

Joseph Harmon

Daum Commercial Real Estate Services

Broker

$128.1M

vol

12 deals

Broker
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El Monte Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $115 per square foot on a published $12.3M for 106,026 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.29%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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