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13535 Danielson Street, Pow...

Lee & Associates Brokers Sell Industrial Property In Poway, CA For $11M
SOLDIndustrial

Lee & Associates Brokers Sell Industrial Property In Poway, CA For $11M

13535 Danielson Street, Poway, California 92064, United States

$11,000,000

$358/SF

Building Size

30,667 SF

Asset Type

Industrial

Closing

Oct 27, 2022

AI

The industrial property located at 13535 Danielson St, Poway, CA has been sold in a closed transaction. The property spans approximately 30,667 square feet, with a price per square foot of $359. The transaction took place on October 28, 2022, with a sales price of $11,000,000.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $11,000,000
  • Address: 13535 Danielson St, Poway, CA
  • Market: Poway, CA
  • Size: 30,667 square feet
  • Price per Square Foot: $359

The sale of this industrial property was facilitated by Ryan Earnhart, Rusty Williams, Chris Roth, and Jake Rubendall from Lee & Associates.

Players

Rusty Williams

Lee & Associates

Broker

$231.6M

vol

15 deals

Broker

Poway 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

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93