Updated Dec 2, 2024
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
About this deal
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.
On the Map
$40,000,000
$592/SF
Industrial
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Players
West Covina 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
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93