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Golden Specialty Foods Signs Five-Year Lease For 40000 Square Feet In Santa Fe Springs
LEASED
California
See Similar DealsRetail40,000 SF
Leased 04/28/2025
LEASED
Golden Specialty Foods Signs Five-Year Lease For 40000 Square Feet In Santa Fe Springs
14518 Best Avenue
See Similar DealsRetail40,000 SF
Leased 04/28/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:40,000 SF
Transaction Type:Lease
The property involved in this transaction is a 40,000-square-foot retail distribution facility located at 14518 Best Avenue in Santa Fe Springs. The lease is valued at $3 million over a term of five years. The facility has a clear height of 20 feet and includes five dock-high doors, offering convenient access to the I-5 and 91 freeways.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3 million
- Address: 14518 Best Avenue
- Market: Santa Fe Springs
- Landlord: Best Ave Centre LLC
- Tenant: Golden Specialty Foods
- Brokers: Chuck Noble, Rob Leiter & Dave Hunsaker - Lee & Associates
Rob Leiter represented the tenant, Golden Specialty Foods, in this leasing transaction, while Dave Hunsaker and Chuck Noble represented the landlord, Best Ave Centre LLC. This collaboration among brokers facilitated the completion of the lease agreement for this distribution facility.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,292,775.86
Total Lease Value
$22,927,758.62
Net Landlord Cash Flow$2,292,775.86
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