JLL Capital Markets Arranges $27.4M Acquisition Loan For Industrial Property In Vista
2065 Thibodo Road, Vista, California 92081, United States
$27,400,000
$356/SF
Building Size
76,872 SF
Asset Type
Industrial
Closing
May 9, 2022
AI
The industrial property located at 2065 Thibodo Road in Vista has recently undergone a loan transaction. The property spans approximately 76,872 square feet and sits on a 4.1-acre plot of land. The loan was secured for the purpose of acquisition.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $27,400,000
- Date: 05/10/2022
- Address: 2065 Thibodo Road
- Market: Vista
- Landlord: Lincoln Property Co. & Angelo Gordon
The loan was structured with a floating-rate and carries a term of 3 years. The deal was facilitated by the brokers Aldon Cole, Jordan Angel, Daniel Pinkus, and Auden Menke from JLL Capital Markets.
Players
Vista Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93