Updated Dec 21, 2023
Poway Industrial Property Sold For $8.6M With Brokers James Duncan & Mickey Morera - Kidder Matthews
13955 Stowe Drive, Poway, California 92064, United States
$8,600,000
$230/SF
Building Size
37,350 SF
Asset Type
Industrial
Closing
Oct 18, 2021
About this deal
AI
The industrial property located at 13955 Stowe Drive in Poway has been sold for $8,600,000. The property spans a total area of 37,530 square feet, resulting in a price per square foot of $229. The transaction took place on October 19, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,600,000
- Square Feet: 37,530
- Price per Square Foot: $229
- Date: October 19, 2021
- Market: Poway
The sale of this industrial property was facilitated by brokers James Duncan and Mickey Morera from Kidder Matthews.
On the Map
$8,600,000
$230/SF
Industrial
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Players
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
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93