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29059 The Old Road

Randall Tymchak Acquires Industrial Asset In Valencia From Gary Werner For $3.1M
SOLDIndustrial

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:

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

Mike Zugsmith

CBRE

Broker

$27.6M

vol

6 deals

Broker
CBRE
CBREBrokerage

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