facebook
Traded Co logo
Submit

Srinivash Yalamanchili Acquires Glendora Industrial Property For $3.2M

Property Image
SOLD
$3,200,000
Joseph Harmon
Darin Spillman
Charles Johnson
+ 1

California

See Similar Deals
Industrial5,303 SF
Sold 07/22/2022
the dealplayerscompscontact
Property Image
SOLD

Srinivash Yalamanchili Acquires Glendora Industrial Property For $3.2M

723 California Highway 66

See Similar Deals
Industrial5,303 SF
Sold 07/22/2022
Joseph Harmon
Darin Spillman
Charles Johnson
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$603
Total Square Footage:5,303 SF
Transaction Type:Sale

Located at 723 E. Rte 66 in Glendora, this industrial property has been sold. The transaction took place on July 22, 2022, with a sale price of $3,200,000. The property spans 5,303 square feet, resulting in a price per square foot of $603.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,200,000
  • Address: 723 E. Rte 66, Glendora
  • Market: Glendora

The buyer, Srinivash Yalamanchili, acquired the property from the seller, Allison Allyn. The transaction was facilitated by the following brokers:

These brokers played a crucial role in the deal, representing their respective clients throughout the transaction. Their expertise and negotiation skills contributed to the successful completion of the sale.

Players

Darin Spillman
Kidder Mathews
Darin Spillman
15 deals$55.2M volume(310) 592-8269
BROKER
Joseph Harmon
Daum Commercial Real Estate Services
Joseph Harmon
12 deals$128.1M volume(626) 840-7040
BROKER
Charles Johnson
Daum Commercial Real Estate Services
Charles Johnson
10 deals$103.7M volume
BROKER
Srinivas Yalamanchili
Positive Investments
Srinivas Yalamanchili
11 deals$89M volume(760) 340-4303
BROKER
Srinivas Yalamanchili
Positive Investments
Srinivas Yalamanchili
11 deals$89M volume
BUYER

Details

SOLD
IMAGE: Darin Spillman, Joseph Harmon & Charles Johnson DATE: 07/22/2022 ADDRESS: 723 E. Rte 66 MARKET: Glendora ASSET TYPE: Industrial BUYER: Srinivash Yalamanchili SELLER: Allison Allyn BROKERS: Darin Spillman (@DarinSpillmanKidder) - Kidder Mathews, Joseph Harmon (@Joe_The_RealEstate_Bro) & Charles Johnson - Daum Commercial SALE PRICE: $3,200,000 SF: 5,303 ~ PPSF: $603

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$170,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59