Dunleer Sells Talbert Industrial Park In Huntington Beach For $8.23 Million

The property involved in this transaction is Talbert Industrial Park, a renovated small-bay industrial property located at 7602 Talbert Avenue in Huntington Beach, CA. The asset spans 22,383 square feet and was sold for $8,230,000, which equates to approximately $368 per square foot. The site consists of two buildings with a total of 24 units, further defined as having an average price per unit of $342,917.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,230,000
• Address: 7602 Talbert Avenue
• Market: Huntington Beach, CA
• Asset Size: 22,383 SF
• Price per Square Foot: $368
• Units: 24
• Price per Unit: $342,917
• Seller: BJ Turner - Dunleer
• Broker: Matthews

Dunleer completed the sale of Talbert Industrial Park to a private investor based in San Diego. The transaction reflects a significant appreciation, with the sale price approximately 42% higher than Dunleer’s purchase price two years prior. The property’s enhancement through renovations and the local market's 3.3% industrial vacancy rate contributed to this successful deal.