Updated Dec 6, 2024
Stos Partners Acquires Industrial Property In San Marcos, San Diego For $8.8M
1545 La Mirada Drive, San Marcos, CA, USA
$8,775,000
$141/SF
Building Size
62,000 SF
Asset Type
Industrial
Closing
May 13, 2020
About this deal
AI
The industrial property located at 1545-1565 La Mirada Drive in San Marcos, San Diego has been sold for a total price of $8,775,000. The property spans a total area of 62,000 square feet, resulting in a price per square foot of $141. The sale took place on May 13, 2021.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $8,775,000
- Address: 1545-1565 La Mirada Drive, San Marcos, San Diego
- Market: San Marcos, San Diego
The buyer of the property is Stos Partners, represented by Chris Roth and Rusty Williams from Lee & Associates.
Players
San Marcos 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
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93