Randall Tymchak Acquires Industrial Asset In Valencia From Gary Werner For $3.1M
29059 The Old Road
$3,100,000
$296/SF
Building Size
10,472 SF
Asset Type
Industrial
Closing
Jun 30, 2025
AI
The property asset involved in the transaction is an industrial space located at 29059 The Old Road in Valencia. The sale price for the asset was $3,100,000, covering an area of 10,472 square feet, which equates to a price per square foot of $296.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,100,000
- Sale Date: 06/30/2025
- Buyer: Randall Tymchak
- Seller: Gary Werner
- Brokers: Sam Glendon & Mike Zugsmith - CBRE
The transaction highlights the involvement of brokers Sam Glendon and Mike Zugsmith representing the parties in the deal. Their role facilitated the exchange between the buyer, Randall Tymchak, and the seller, Gary Werner, within the industrial market in Valencia.
Players
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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93