Realterm Acquires Industrial Property In Rancho Cucamonga For $95.5M
8566 Pecan Avenue, Rancho Cucamonga, California 91739, United States
$95,500,000
$2,942/SF
Building Size
32,458 SF
Asset Type
Industrial
Closing
May 26, 2022
AI
The industrial property located at 8566 Pecan Avenue in Rancho Cucamonga has been sold. The transaction took place on 05/27/2022. The property, measuring 32,458 square feet, is part of the industrial asset type.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $95,500,000
- Price per Square Foot: $2,942
- Address: 8566 Pecan Avenue
- Market: Rancho Cucamonga
The buyer of the property is Realterm, represented by Blair Duncan and Derek Fish. On the other hand, the seller is Heartland Express, with Mike Gerdin as the representative. The deal was facilitated by Jace Gan and Clyde Stauff from Colliers.
Players
Rancho Cucamonga Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93