First Industrial Realty Trust Leases 457380 Square Feet At 777 W 190th St Gardena
777 W 190th St, Gardena, CA, 90248
Building Size
457,380 SF
Asset Type
Warehouse
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 777 W 190th St, Gardena, CA, 90248, within the Gardena market. The asset has a total area of 457,380 square feet and is managed by First Industrial Realty Trust.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 777 W 190th St, Gardena, CA, 90248
- Square Feet: 457,380
- Landlord: First Industrial Realty Trust
- Landlord's Representative: David Prior, Frank Schulz - CORFAC International
This deal involves key representatives David Prior and Frank Schulz, who are associated with CORFAC International. They facilitated the transaction on behalf of First Industrial Realty Trust, the landlord for the property.
Players
Gardena Warehouse Market Snapshot
Boundary boundary · Warehouse · Lease transactions
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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