Updated Oct 28, 2024
Dunleer Acquires Industrial Property In Covina For $5.4M
Covina, California, United States
$5,400,000
$168/SF
Building Size
32,000 SF
Asset Type
Industrial
Closing
May 15, 2022
About this deal
AI
A 1.5 acre industrial property located in Covina has been sold for a total price of $5,400,000. The property, which spans 32,000 square feet, was purchased by Dunleer through their representative BJ Turner.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,400,000
- Market: Covina
- Acres: 1.5
- Buyer: Dunleer - BJ Turner
The industrial property, located in Covina, was purchased by Dunleer through their representative BJ Turner. The property spans 32,000 square feet and was sold for a price of $5,400,000. This transaction highlights the involvement of both the buyer, Dunleer, and their representative, BJ Turner, in the purchase of the industrial property in Covina.
On the Map
$5,400,000
$168/SF
Industrial
View full map
Players
Covina Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit BJ Turner to view all their deals.
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93