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1 Viper Way

BLT Enterprises Acquires Industrial Property In Vista, North San Diego For $58M
SOLDIndustrial

BLT Enterprises Acquires Industrial Property In Vista, North San Diego For $58M

1 Viper Way

$58,000,000

$330/SF

Building Size

175,367 SF

Asset Type

Industrial

Closing

Jun 30, 2022

AI

The industrial property located at 1 Viper Way in Vista, North San Diego has been sold in a closed transaction. The property spans a total of 175,367 square feet and was sold for a price of $58,000,000, resulting in a price per square foot of $330.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $58,000,000
  • Address: 1 Viper Way, Vista, North San Diego
  • Market: Vista, North San Diego

The buyer in this transaction is BLT Enterprises, while the seller is RPG (RAF Pacifica Group), represented by Adam Robinson and CenterSquare Investment Management. The deal was facilitated by brokers Aric Starck and Drew Dodds from Cushman & Wakefield.

Please note that no additional information was available regarding this transaction.

Players

Aric Starck

Cushman & Wakefield

Broker

$765.4M

vol

16 deals

Broker
BLT Enterprises
BLT EnterprisesBuyer

San Diego Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.27%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93