Updated Feb 16, 2024
CBRE Brokers Jason Chao & Charlie Noebel Represent Seller Chu Kun Lan In $7.58M Rancho Cucamonga Industrial Sale
9568 Richmond Pl, Rancho Cucamonga, CA 91730, USA
$7,580,000
$176/SF
Building Size
42,978 SF
Asset Type
Industrial
Closing
Jun 1, 2020
About this deal
AI
The industrial property located at 9568 Richmond Pl. in Rancho Cucamonga has been sold for $7,580,000. This property spans 43,000 square feet, resulting in a price per square foot of $176.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $7,580,000
- Square Footage: 43,000
- Price per Square Foot: $176
- Address: 9568 Richmond Pl.
- Market: Rancho Cucamonga
The seller of this industrial property was Chu Kun Lan. The brokers involved in the transaction were Jason Chao and Charlie Noebel, who represented the seller as part of CBRE.
Players
Rancho Cucamonga 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
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93