Updated Dec 21, 2023
Industrial Property In Fremont, CA Sold For $29.6M On Westinghouse Dr
47951 Westinghouse Dr, Fremont, California, USA
$29,600,000
$355/SF
Building Size
83,209 SF
Asset Type
Industrial
Closing
Nov 17, 2021
About this deal
AI
The industrial property located at 47951 Westinghouse Dr in Fremont, CA has been sold. The transaction took place on November 18, 2021. The property spans an area of 83,209 square feet and was sold for a total price of $29,600,000, resulting in a price per square foot of $356.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $29,600,000
- Address: 47951 Westinghouse Dr, Fremont, CA
- Market: Fremont, CA
- Square Footage: 83,209
- Price per Square Foot: $356
The sale of this industrial property marks a significant transaction in the Fremont, CA market. The key individuals and companies involved in the deal include the buyer, seller, and their respective representatives. Further details about the parties involved in this transaction are not available.
Players
Fremont 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
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93