Elion Partners Acquires Industrial Property In Vista For $11.7M
1120 Sycamore Avenue, Vista, California 92081, United States
$11,700,000
$246/SF
Building Size
47,560 SF
Asset Type
Industrial
Closing
Feb 7, 2022
AI
The industrial property located at 1120 Sycamore Ave. in Vista has been sold for a price of $11,700,000. The property spans an area of 47,560 square feet, resulting in a price per square foot of $246. Elion Partners is the buyer in this transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $11,700,000
- Date: 02/08/2022
- Address: 1120 Sycamore Ave.
- Market: Vista
- Asset Type: Industrial
The deal was facilitated by the Williams-Roth Group of Lee & Associates, with Greg Pieratt, Rusty Williams, Chris Roth, and Jack Rubendall serving as the brokers representing Elion Partners in the 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
1.36%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93