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:
- Property Type: Industrial
- Transaction Amount: $2,400,000
- Address: 1204 Avenida Chelsea
- Market: Vista
- Square Footage: 7,424 SF
- Price per Square Foot: $323
- Seller: Hyatt Die Cast & Engineering Corp.
- Buyer's Representative: Brandon Powell & Jeff Gan - Re/Max Direct
- Seller's Representatives: Chris Roth, Jake Rubendall, Rusty Williams & Stephen Crockett - Lee & Associates
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
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