Andrew Ghassemi Of Spectrum Commercial Real Estate Represents Buyer In Valencia Industrial Sale For $5.155M
Anza Drive
$5,155,000
$281/SF
Building Size
18,320 SF
Asset Type
Industrial
Closing
Oct 30, 2024
AI
The asset involved in this transaction is an industrial property located at 25213-25217 Anza Drive in the Valencia market. The sale was finalized for a total of $5,155,000. The property encompasses a square footage of 18,320, translating to a price per square foot of $281.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,155,000
- Square Footage: 18,320
- Price Per Square Foot: $281
- Address: 25213-25217 Anza Drive
- Market: Valencia
- Buyer's Representative: Andrew Ghassemi - Spectrum Commercial Real Estate
Andrew Ghassemi represented the buyer in this transaction, facilitating the purchase with his agency, Spectrum Commercial Real Estate.
Valencia 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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93