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591 J Street

Dundee Kelbell Acquires Industrial Property In Wasco, CA For $2.6M
SOLDIndustrial

Dundee Kelbell Acquires Industrial Property In Wasco, CA For $2.6M

591 J Street

$2,600,000

$74/SF

Building Size

35,000 SF

Asset Type

Industrial

Closing

Sep 2, 2022

AI

A 35,000 square foot industrial property located at 591 J Street in Wasco, CA, has been sold for $2,600,000. The property was purchased by Dundee Kelbell from Joseph Willougby. The transaction was facilitated by Benji Gribnau, Leor Binshtock, and Jake Zacuto from Zacuto Group, Inc.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $2,600,000
  • Square Footage: 35,000
  • Price per Square Foot: $74
  • Address: 591 J Street, Wasco, CA
  • Market: Wasco, CA

Benji Gribnau, Leor Binshtock, and Jake Zacuto from Zacuto Group, Inc represented the buyer and seller in the deal.

Players

Jake Zacuto

Zacuto Group

Broker

$368.6M

vol

59 deals

Broker

Wasco 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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93