Paradise Properties Of East County LLC Acquires Pioneer Business Park From Brown Trust For $10M
Pioneer Way
$10,000,000
$220/SF
Building Size
45,276 SF
Asset Type
Industrial
Closing
Mar 23, 2026
AI
The property involved in this transaction is a 45,276-square-foot industrial asset located at 150 Pioneer Way in El Cajon. It spans 2.5 acres and was sold for $10,000,000, translating to a price per square foot of $221.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10,000,000
- Address: 150 Pioneer Way
- Market: El Cajon
- Square Footage: 45,276
- Price per Square Foot: $221
- Buyer: Paradise Properties of East County LLC
- Seller: Brown Trust
- Brokers: Ken Robak & Brian Crepeau - Pacific Coast Commercial
- Acres: 2.5
Kenn Robak and Brian Crepeau represented both the buyer and the seller in this transaction. Pacific Coast Commercial also arranged the sale and will be providing ongoing leasing and property management services for the M-zoned manufacturing facility.
Players
El Cajon Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93