Xebec Acquires Industrial Asset On Hayvenhurst Ave In Van Nuys For $12.35M
SOLD
$12,350,000
California
See Similar DealsIndustrial40,387 SF
Sold 10/08/2021
SOLD
Xebec Acquires Industrial Asset On Hayvenhurst Ave In Van Nuys For $12.35M
7821 Hayvenhurst Avenue, Van Nuys, CA 91406, USA
See Similar DealsIndustrial40,387 SF
Sold 10/08/2021
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$305
Total Square Footage:40,387 SF
Transaction Type:Sale
An industrial property located at 7821 Hayvenhurst Ave. in Van Nuys has been sold in a recent transaction. The property spans 40,387 square feet and was sold for a price of $12,350,000, resulting in a price per square foot of $305.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $12,350,000
- Address: 7821 Hayvenhurst Ave.
- Market: Van Nuys
- Buyer: Xebec - Jay Soni & Usama Salim
- Seller: Milestone Holdings
- Broker: Joshua Cohan - NAI Capital
The buyer representatives involved in the deal were Jay Soni and Usama Salim from Xebec. The seller was Milestone Holdings. Joshua Cohan from NAI Capital represented the buyer in the transaction.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$658,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$43,876.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$58,545.30
Annual Debt Service$702,543.61
Is there something missing? Send suggestions