Updated Oct 28, 2024
WPT Industrial Acquires 10-Acre Industrial Property In Ontario, CA For $45M
627 S Bon View Ave. Ontario, CA 91761, USA
$45,000,000
Building Size
—
Asset Type
Industrial
Closing
Sep 28, 2022
About this deal
AI
An industrial property located at 627 South Bon View Avenue in Ontario, CA, has been sold for $45,000,000. The property spans across 10 acres and was sold on 09/29/2022. The sale was facilitated by WPT Industrial, represented by Scott Frederiksen. The buyer obtained financing for the transaction from Bell Bank.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $45,000,000
- Address: 627 South Bon View Avenue
- Market: Ontario, CA
- Acres: 10
Scott Frederiksen, representing WPT Industrial, played a key role as the buyer in the transaction. WPT Industrial successfully secured financing for the acquisition through Bell Bank.
On the Map
$45,000,000
Industrial
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Players
Ontario Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93