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601 North Nash Street, El S...

Updated Sep 5, 2024

Sean Fulp, Ryan Plummer & Mark Schuessler Broker El Segundo Office Sale For $52M
SOLDOffice

Sean Fulp, Ryan Plummer & Mark Schuessler Broker El Segundo Office Sale For $52M

601 North Nash Street, El Segundo, CA, USA

$52,000,000

$1,000/SF

Building Size

52,000 SF

Asset Type

Office

Closing

Jul 29, 2021

About this deal

AI

The office property located at 601 N. Nash Street in El Segundo has been sold for a total price of $52,000,000. The property spans across 52,000 square feet, resulting in a price per square foot of $1,000.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $52,000,000
  • Address: 601 N. Nash Street
  • Market: El Segundo
  • Square Footage: 52,000

The deal was facilitated by the brokers involved in the transaction, including Sean Fulp, Ryan Plummer, and Mark Schuessler.

Players

Mark Schuessler

Colliers

Broker

$1.3B

vol

38 deals

Broker
Newmark
NewmarkBrokerage

El Segundo Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $1K per square foot on a published $52M for 52,000 square feet (2021).

Visit Mark Schuessler to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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