Swordfish Airway Property Acquires Industrial Property In Gardena For $3.9M
510 East Airline Way, Gardena, CA 90248, USA
$3,900,000
$260/SF
Building Size
15,000 SF
Asset Type
Industrial
Closing
Jun 29, 2020
AI
An industrial property located at 510 E Airline Way in Gardena has been sold. The property, spanning 15,000 square feet, was sold for a price of $3,900,000, resulting in a price per square foot of $260. The transaction took place on June 29, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,900,000
- Address: 510 E Airline Way
- Market: Gardena
The buyer of the property is Swordfish Airway Property, while the seller is Partners Capital Inc., represented by Mark Blumenthal. The deal was facilitated by brokers Remy Moses and Andy Gage.
Players
Gardena 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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93