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1120 Sycamore Avenue, Vista...

Elion Partners Acquires Industrial Property In Vista For $11.7M
SOLDIndustrial

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

Greg Pieratt

Lee & Associates

Broker

$55.1M

vol

4 deals

Broker
Elion Partners
Elion PartnersBuyer

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