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1204 Avenida Chelsea

Hyatt Die Cast & Engineering Corp Sells Industrial Property In Vista For $2.4M With Lee & Associates
SOLDIndustrial

Hyatt Die Cast & Engineering Corp Sells Industrial Property In Vista For $2.4M With Lee & Associates

1204 Avenida Chelsea

$2,400,000

$323/SF

Building Size

7,424 SF

Asset Type

Industrial

Closing

Jul 24, 2024

AI

An industrial property located at 1204 Avenida Chelsea in Vista, CA, was sold for $2,400,000. The asset spans 7,424 square feet, translating to a price per square foot of $323. The property is situated within Vista Business Park and features two grade-level doors with 18-foot clear heights, approximately 25% of which is allocated to office space.

Summary of transaction details:

Lee & Associates – North San Diego County facilitated the transaction involving the sale of the industrial property from Hyatt Die Cast & Engineering Corp. to an undisclosed buyer. The representatives from Lee & Associates were crucial in brokering the deal.

Players

Rusty Williams

Lee & Associates

Broker

$231.6M

vol

15 deals

Broker

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

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93