Transwestern Development Sells Industrial Property In Moorpark For $50.7M
6000 Condor Drive, Moorpark, California 93021, United States
$50,700,000
$250/SF
Building Size
202,421 SF
Asset Type
Industrial
Closing
Mar 13, 2022
AI
The industrial property located at 6000 Conor Drive in Moorpark has been sold in a closed transaction. The property spans 202,421 square feet and was sold for a total price of $50,700,000, resulting in a price per square foot of $250.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $50,700,000
- Address: 6000 Conor Drive
- Market: Moorpark
The seller of the property was Transwestern Development Co. and they were represented by Barbara Perrier, Darla Longo, and Bennett Robinson from CBRE.
Players
Moorpark 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
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93