SOLDIndustrial
Dunleer Acquires Industrial Property In Upland, CA For $8M
928 9th Street, Upland, California 91786, United States
$8,000,000
$186,046/SF
Building Size
43 SF
Asset Type
Industrial
Closing
Oct 11, 2022
AI
An industrial property located at 928, 1004, and 1024 9th Street in Upland, CA has been sold. The property spans 3.1 acres and is within the industrial market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,000,000
- Square Footage: 43,414
- Price per Square Foot: $184
- Address: 928, 1004, & 1024 9th Street, Upland, CA
- Date: 11/10/2022
- Market: Upland, CA
The buyer of the property is Dunleer. The deal was facilitated by brokers Joe Harmon and Charles Johnson from DAUM.
Players
Upland 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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93