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
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