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956 W 10th St, Azusa, CA, USA

Arcacia Acquires Industrial Property In Azusa For $6.1M
SOLDIndustrial

Arcacia Acquires Industrial Property In Azusa For $6.1M

956 W 10th St, Azusa, CA, USA

$6,100,000

$215/SF

Building Size

28,366 SF

Asset Type

Industrial

Closing

Dec 28, 2021

AI

The industrial property located at 956, 960, 968, 972 W. 10th St. in Azusa has been sold for a total price of $6,100,000. The property spans across 28,366 square feet with a price per square foot of $215. The sale was facilitated by Joseph Harmon and Charles Johnson acting as brokers.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,100,000
  • Address: 956, 960, 968, 972 W. 10th St., Azusa
  • Market: Azusa

Joseph Harmon and Charles Johnson represented Arcacia as the buyers in this deal, while Bolcof Lieberman acted as the seller. For more information about this transaction, please contact Joseph Harmon at (626) 840-7040.

Players

Joseph Harmon

Daum Commercial Real Estate Services

Broker

$128.1M

vol

12 deals

Broker

Azusa 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

2.60%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93