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7541 Industrial Way, Stanto...

Maurice Elghanayan Acquires Industrial Property On Industrial Way In Orange County
SOLDIndustrial

Maurice Elghanayan Acquires Industrial Property On Industrial Way In Orange County

7541 Industrial Way, Stanton, Orange County, CA, USA

$2,875,000

$230/SF

Building Size

12,500 SF

Asset Type

Industrial

Closing

Jul 15, 2020

AI

An industrial property located at 7541-7565 Industrial Way in Orange County has been sold. The property spans 12,500 square feet and was sold for a price of $2,875,000, which translates to a price per square foot of $230. The transaction took place on July 15, 2021. The property was previously listed with an asking price of $2,982,950.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,875,000
  • Address: 7541-7565 Industrial Way, Orange County
  • Market: Orange County

Maurice Elghanayan is the buyer of the property, while Tim Mullahey is the seller. The buyer was represented by Elizabeth Clark and Laura Milshteyn, while the seller was represented by Joe Winkelman.

Players

Joe Winkelmann

Colliers

Broker

$19.4M

vol

3 deals

Broker

Stanton 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

5.52%

Cash-on-Cash

-1.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93