RPG Acquires Industrial Property In Vista For $26.1M
SOLD
$26,100,000
California
See Similar DealsIndustrial202,800 SF
Sold 03/24/2021
SOLD
RPG Acquires Industrial Property In Vista For $26.1M
1 Viper Way, Vista
See Similar DealsIndustrial202,800 SF
Sold 03/24/2021
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$128
Total Square Footage:202,800 SF
Transaction Type:Sale
The industrial property located at 1 Viper Way in Vista has been sold in a recent transaction. The sale took place on 03/24/2021.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $26,100,000
- Square Footage: 202,800
- Price per Square Foot: $128
- Address: 1 Viper Way, Vista
- Market: Vista
The buyer of the property is RPG, represented by Bob Rodrigues. The seller is Stockbridge. The transaction was facilitated by Cushman & Wakefield.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,392,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$92,727.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$123,727.32
Annual Debt Service$1,484,727.79
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