Colliers Sells Self Storage Assets In Costa Mesa And Montclair
1880 Whittier Avenue & 10625 Central Avenue
Building Size
158,140 SF
Asset Type
Self Storage
Closing
Oct 23, 2025
AI
The transaction involves a self-storage property situated at 1880 Whittier Avenue and 10625 Central Avenue, encompassing a total area of 79,070 square feet. The transaction occurred within the Costa Mesa and Montclair markets.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not disclosed
- Asset Size: 79,070 square feet
- Address: 1880 Whittier Avenue & 10625 Central Avenue
- Market: Costa Mesa & Montclair
The brokers involved in this transaction are Harrison Cohen, Jacob Becher, Nate Fliflet, and Dan Haddock from Colliers. They played a key role in facilitating the deal.
Players
Costa Mesa Self Storage Market Snapshot
Boundary boundary · Self Storage · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93