Updated Sep 9, 2024
$12.5M Industrial Sale At 760 Challenger St, Brea, CA, Represented By Mark Hintergardt
760 Challenger St, Brea, CA, 92821
$12,500,000
$450/SF
Building Size
27,734 SF
Asset Type
Industrial
Closing
Nov 20, 2023
About this deal
AI
The industrial property at 760 Challenger St in Brea, CA, 92821, has been sold for $12.5 million. Spanning 27,734 square feet, the freestanding building boasts two dock-high doors and a 24-foot minimum warehouse clearance. The transaction surpassed the asking price by approximately 20 percent.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,500,000.00
- Market: Brea
- Seller's Representative: Mark Hintergardt (Lee & Associates)
- Buyer: Undisclosed
Mark Hintergardt of Lee & Associates represented the undisclosed seller in the deal for the industrial property. The identity of the buyer remains undisclosed.
Brea Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Mark Hintergardt to view all their deals.
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93