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928 9th Street, Upland, Cal...

Dunleer Acquires Industrial Property In Upland, CA For $8M
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

Joseph Harmon

Daum Commercial Real Estate Services

Broker

$128.1M

vol

12 deals

Broker
D
DunleerBuyer

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