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
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