Bryan Kang Acquires Cypress Office Building For $13.4M
10805 Holder St, Cypress, Orange County, CA, USA
$13,400,000
$156/SF
Building Size
85,522 SF
Asset Type
Office
Closing
Jun 9, 2019
AI
An office property located at 10805 Holder St in Cypress/Orange County has been sold in a transaction valued at $13,400,000. The property spans 85,522 square feet, resulting in a price per square foot of $156.68. The sale was completed on 06/10/2019.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $13,400,000
- Address: 10805 Holder St
- Market: Cypress/Orange County
The buyer of the property was Bryan Kang, while CW Capital served as the seller. The deal was facilitated by Mark Schuessler, Sean Fulp, and Ryan Plummer from Team Shannon PCG.
Players
Cypress Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93