Rexford Industrial Acquires Industrial Property In Inland Empire For $12.65M
SOLD
$12,650,000
California
See Similar DealsIndustrial64,960 SF
Sold 01/11/2021
SOLD
Rexford Industrial Acquires Industrial Property In Inland Empire For $12.65M
5018 Lindsay Court, Chino, CA, USA
See Similar DealsIndustrial64,960 SF
Sold 01/11/2021
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$194
Total Square Footage:64,960 SF
Transaction Type:Sale
The industrial property located at 5002-5018 Lindsay Court in the Inland Empire has been sold for a price of $12,650,000. The property spans across 64,960 square feet, resulting in a value of approximately $194 per square foot. The transaction took place on January 11, 2021.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $12,650,000
- Address: 5002-5018 Lindsay Court
- Market: Inland Empire
The buyer of the property is Rexford Industrial, while Jeannette Low served as the seller. The transaction was facilitated by Chase Macleod from the brokerage firm, Chase Macleod. For more information about the deal, you can contact Chase directly via email at [email protected] or connect with him on LinkedIn under the name Chase Macleod.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$674,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$44,942.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,967.45
Annual Debt Service$719,609.44
Is there something missing? Send suggestions