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2125 East Katella Avenue, A...

Kingsbarn Realty Capital Acquires Office Building In Anaheim For $32.5M
SOLDOffice

Kingsbarn Realty Capital Acquires Office Building In Anaheim For $32.5M

2125 East Katella Avenue, Anaheim, California 92806, United States

$32,500,000

$306/SF

Building Size

106,068 SF

Asset Type

Office

Closing

Mar 20, 2022

AI

An office property located at 2125 East Katella Avenue in Anaheim has been sold in a transaction. The property spans a total of 106,068 square feet and was sold for a price of $32,500,000. The sale price per square foot is approximately $306.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $32,500,000

Kingsbarn Realty Capital was the buyer in this transaction, while Pendulum Property Partners served as the seller. The deal was facilitated by brokers Kevin Shannon, Paul Jones, Brandon White, Liam Ogburn, Sean Fulp, Ryan Plummer, and Mark Schuessler of Newmark.

Players

Brandon White

Newmark

Broker

$901.6M

vol

19 deals

Broker
BRC Advisors
BRC AdvisorsBrokerage
PP
Pendulum Property PartnersSeller

Anaheim Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.49%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93