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5018 Lindsay Court, Chino, ...

Rexford Industrial Acquires Industrial Property In Inland Empire For $12.65M
SOLDIndustrial

Rexford Industrial Acquires Industrial Property In Inland Empire For $12.65M

5018 Lindsay Court, Chino, CA, USA

$12,650,000

$194/SF

Building Size

64,960 SF

Asset Type

Industrial

Closing

Jan 10, 2021

AI

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

Chase Macleod

Broker

$121.7M

vol

5 deals

Broker
Rexford Industrial
Rexford IndustrialBrokerage
Rexford Industrial
Rexford IndustrialBuyer

Chino 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

1.25%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93