facebook

traded

+ Submit
Home

/

Deals

/

California

/

Industrial

/

Sale

/

4510 Azusa Canyon Road

Rexford Industrial Realty Acquires Irwindale Industrial Property For $40M
SOLDIndustrial

Rexford Industrial Realty Acquires Irwindale Industrial Property For $40M

4510 Azusa Canyon Road

$40,000,000

$592/SF

Building Size

67,508 SF

Asset Type

Industrial

Closing

Jan 17, 2023

AI

The industrial property located at 4510 Azusa Canyon Road in Irwindale has been sold for $40,000,000. The property spans 8 acres and has a total square footage of 67,508. The sale price per square foot is $593. The transaction took place on January 17, 2023.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $40,000,000
  • Address: 4510 Azusa Canyon Road
  • Market: Irwindale
  • Acres: 8

The buyer of the property is Rexford Industrial Realty, while the seller is DS Services of America. The transaction was facilitated by brokers Kevin Sandoval, Dennis Sandoval, and Bryan Sandoval from Daum Commercial.

Players

Kevin Sandoval

Daum Commercial Real Estate Services

Broker

$40M

vol

1 deal

Broker
Rexford Industrial
Rexford IndustrialBuyer

West Covina Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.40%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93