BLT Enterprises Acquires Industrial Property In Vista, North San Diego For $58M
1 Viper Way, Vista, California 92081, United States
$58,000,000
$330/SF
Building Size
175,367 SF
Asset Type
Industrial
Closing
Jun 29, 2022
AI
The industrial property located at 1 Viper Way in Vista, North San Diego has been sold in a recent transaction. The sale took place on June 30, 2022, and the asset type is industrial. Adam Robinson captured an image of the property, which showcases its features and highlights its appeal in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $58,000,000
- Square Footage: 175,367
- Price per Square Foot: $330
- 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 Aric Starck and Drew Dodds from Cushman & Wakefield, who acted as the brokers in this transaction.
Players
Vista 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