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
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.
Players
El Monte 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
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93