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28276-28288 Alta Vista Avenue

Updated Dec 4, 2024

Yair Haimoff Sells Industrial Asset In Valencia For $11.37M
SOLDIndustrial

Yair Haimoff Sells Industrial Asset In Valencia For $11.37M

28276-28288 Alta Vista Avenue

$11,375,000

$272/SF

Building Size

41,812 SF

Asset Type

Industrial

Closing

May 20, 2024

About this deal

AI

The industrial property located at 28276-28288 Alta Vista Avenue in Valencia was sold for $11,375,000. The property spans 41,812 square feet, resulting in a price per square foot of $272.

Summary of transaction details:

The deal was facilitated by Yair Haimoff from Spectrum Commercial Real Estate, representing the parties involved in the transaction.

The industrial sale at 28276-28288 Alta Vista Avenue in Avenue, Maryland sold for $11.4M in 2024. The building is 41,812 square feet, implying about 272 per square foot on the published price. Yair Haimoff, Spectrum Commercial Real Estate appear on the sale alongside Spectrum Commercial Real Estate. This page is the Avenue, Maryland file for the 28276-28288 Alta Vista Avenue industrial sold: pricing, party profiles, and other closed industrial comps from the same Avenue sit in the Market section below. Filter that Avenue industrial set by closing date to see what else sold near 28276-28288 Alta Vista Avenue around 2024. Published consideration for 28276-28288 Alta Vista Avenue is $11.4M, dated 2024. Cite this Yair Haimoff Sells Industrial Asset In Valencia For $11.37M sale when underwriting similar industrial product around Avenue, Maryland.

Players

Yair Haimoff

Spectrum Commercial Real Estate

Broker

$165.3M

vol

38 deals

Broker

Avenue Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $272 per square foot on a published $11.4M for 41,812 square feet (2024).

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Browse Maryland industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.39%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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