Diversified Properties Sells Carlsbad Industrial Property For $11.6M With CBRE Brokers
1900 Aston Ave, Carlsbad, CA 92008, USA
$11,600,000
$25/SF
Building Size
447,570 SF
Asset Type
Industrial
Closing
Aug 2, 2020
AI
Diversified Properties has sold an industrial property located at 1900 Aston in Carlsbad. The property, measuring 44,757 square feet, was sold for a price of $11,600,000, equating to $259 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $11,600,000
- Size: 44,757 square feet
- Price per square foot: $259
- Market: Carlsbad
The sale of the property was facilitated by the CBRE team consisting of Matt Pourcho, Anthony DeLorenzo, Gary Stache, Doug Mack, Bryan Johnson, Roger Carlson, and Blake Wilson. Their expertise and representation played a crucial role in the successful completion of the transaction.
Players
Carlsbad 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
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93