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Tustin Industrial Sells for $8.4M

LBA Realty Divests 37,000 SF
November 3, 2017
A private investor purchased the industrial building located at 14831 Franklin Ave. in Tustin, CA for $8.39 million, or about $225 per square foot, from LBA Realty.

Built in 1978 on 2.1 acres in Orange County, the building totals 37,274 square feet. The property features two dock-high doors, five grade-level doors, 800-amp power service and 21-foot clear heights.

Travis Haining, Alton Burgess and Ryan Lawler of Lee & Associates Commercial Real Estate Services represented the seller and were the sole brokers on the sale.

Please reference CoStar COMPS #4026957 for more information on this transaction.
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