facebook
Traded Co logo
Submit

The Elizabeth Hospice Acquires Medical Office In Escondido, CA For $8.1M

Property Image
SOLD
$8,100,000
Mark Avilla
Bob Cowan
Mathias "Matty" Sundberg
+ 1

California

See Similar Deals
27 SF
Sold 12/12/2022
the dealplayerscompscontact
Property Image
SOLD

The Elizabeth Hospice Acquires Medical Office In Escondido, CA For $8.1M

800 West Valley Parkway, Escondido, California 92025, United States

See Similar Deals
27 SF
Sold 12/12/2022
Mark Avilla
Bob Cowan
Mathias "Matty" Sundberg
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Price Per Square Foot:$300,000
Total Square Footage:27 SF
Transaction Type:Sale

The sale of a medical office property located at 800 W Valley Pkwy in Escondido, CA has been finalized. The property spans approximately 27,000 square feet and was sold for a total price of $8,100,000, resulting in a price per square foot of $300.

Summary of transaction details:

  • Property Type: Medical Office
  • Sale Price: $8,100,000
  • Square Footage: 27,000
  • Address: 800 W Valley Pkwy, Escondido, CA
  • Market: Escondido, CA

The buyer in this transaction is The Elizabeth Hospice. They were represented by Don Zech, Nick Zech, and Matt Orth from CDC Commercial. The seller was represented by Peter Curry, Mark Avilla, Bob Cowan, and Matty Sundberg from Cushman & Wakefield.

Players

Peter Curry
Cushman & Wakefield
Peter Curry
16 deals$186.1M volume
BROKER
Mathias "Matty" Sundberg
Cushman & Wakefield
Mathias Sundberg
4 deals$70.4M volume
BROKER
Bob Cowan
Cushman & Wakefield
Bob Cowan
2 deals$19.4M volume
BROKER
Mark Avilla
Cushman & Wakefield
Mark Avilla
3 deals$29.2M volume
BROKER

Details

SOLD
IMAGE: Peter Curry, Mark Avilla, Bob Cowan & Matty Sundberg DATE: 12/12/2022 ADDRESS: 800 W Valley Pkwy MARKET: Escondido, CA ASSET TYPE: Medical Office BUYER: The Elizabeth Hospice BUYER'S REP: Don Zech, Nick Zech & Matt Orth - CDC Commercial SELLER'S REP: Peter Curry, Mark Avilla, Bob Cowan & Matty Sundberg (@MattySundberg) - Cushman & Wakefield (@CushWake) SALE PRICE: $8,100,000 SF: 27,000 ~ PPSF: $300

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$432,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$28,777.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$38,398.13
Annual Debt Service$460,777.59