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

Property Image
SOLD
$2,400,000
Rusty Williams
Chris Roth
+ 3

California

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Industrial7,424 SF
Sold 07/24/2024
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Property Image
SOLD

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

1204 Avenida Chelsea

See Similar Deals
Industrial7,424 SF
Sold 07/24/2024
Rusty Williams
Chris Roth
+ 3
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$323
Total Square Footage:7,424 SF
Transaction Type:Sale

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
15 deals$231.6M volume
BROKER

Chris Roth
Lee & Associates
16 deals$231.6M volume
BROKER

Jake Rubendall
Lee & Associates
11 deals$188.8M volume(818) 640-0838
BROKER

Stephen Crockett
Lee & Associates
1 deal$2.4M volume(760) 845-0311
BROKER

Brandon Powell
Re/Max
1 deal$2.4M volume(760) 533-6463
BROKER

Jeff Gan
Re/Max
1 deal$2.4M volume(619) 980-5603
BROKER

Details

SOLD
IMAGE: 07/24/2024 ADDRESS: 1204 Avenida Chelsea MARKET: Vista ASSET TYPE: Industrial SELLER: Hyatt Die Cast & Engineering Corp. BUYER'S REP: Brandon Powell & Jeff Gan - Re/Max Direct SELLER'S REP: Chris Roth, Jake Rubendall, Rusty Williams & Stephen Crockett - Lee & Associates SALE PRICE: $2,400,000 SF: 7,424 ~ PPSF: $323 NOTE: Lee & Associates – North San Diego County brokered the $2.4 million sale of a 7,424-square-foot industrial property in Vista, CA, from Hyatt Die Cast & Engineering Corp. to an undisclosed buyer. The building, located in Vista Business Park, includes two grade-level doors and 18-foot clear heights, with about 25% allocated to office space.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$127,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69