Cushman & Wakefield Brokers Facilitate $85M Sale Of Central San Fernando Valley Industrial Complex
8045 Woodley Avenue, Van Nuys, California 91406, United States
$85,000,000
$1,016/SF
Building Size
83,600 SF
Asset Type
Industrial
Closing
Apr 17, 2022
AI
The industrial property located at 8045 Woodley Ave. & 16320, 16300, 16141, 16251 & 16201 Raymer St. in Central San Fernando Valley has been sold in a recent transaction. The property spans across 13.43 acres and is characterized by its industrial use.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $85,000,000
- Square Footage: 83,600 SF
- Price per Square Foot: $1,016
- Date: 04/18/2022
- Market: Central San Fernando Valley
The deal was facilitated by Erik Larson, Paul Sims, Robin Dodson, Jeff Chiate, and Mike Adey of Cushman & Wakefield. They represented the parties involved in the transaction.
Players
Van Nuys 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
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93