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12991 Rancho Peñasquitos Bo...

Updated Oct 28, 2024

Pacifica S L Penasquitos Lp Acquires Hospitals/Health Care In San Diego For $5.9M
SOLD

Pacifica S L Penasquitos Lp Acquires Hospitals/Health Care In San Diego For $5.9M

12991 Rancho Peñasquitos Boulevard, San Diego, California 92129, United States

$5,949,500

$121/SF

Building Size

48,960 SF

Asset Type

Closing

Jan 2, 2022

About this deal

AI

The property in question is a 48,960 square foot Hospitals/Health Care facility located at 12991 Rancho Penasquitos Blvd in San Diego, CA. The transaction took place on January 3, 2022. The buyer, Pacifica S L Penasquitos Lp, acquired the property for a price of $5,949,500, resulting in a price per square foot of $121.

Summary of transaction details

  • Property Type: Hospitals/Health Care
  • Transaction Amount: $5,949,500
  • Square Footage: 48,960
  • Price per Square Foot: $121
  • Address: 12991 Rancho Penasquitos Blvd, San Diego, CA
  • Market: San Diego, CA

Pacifica S L Penasquitos Lp, represented by their broker, was the buyer in the transaction.

Players

San Diego CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $121 per square foot on a published $5.9M for 48,960 square feet (2022).

Browse California sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.67%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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