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1900 Aston Ave, Carlsbad, C...

Diversified Properties Sells Carlsbad Industrial Property For $11.6M With CBRE Brokers
SOLDIndustrial

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

Blake Wilson

CBRE

Broker

$84.7M

vol

5 deals

Broker
DL
Diversified Properties LLCSeller

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