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2350 Oak Ridge Way

Dangra, Inc. Acquires Industrial Building In Vista For $8.8M
SOLDIndustrial

Dangra, Inc. Acquires Industrial Building In Vista For $8.8M

2350 Oak Ridge Way

$8,800,000

$248/SF

Building Size

35,469 SF

Asset Type

Industrial

Closing

Apr 24, 2024

AI

The property involved in the transaction is a 35,469-square-foot Class A industrial building located at 2350 Oak Ridge Way in Vista, California. The asset features both warehouse and office space, with a 24-foot clear height and a rooftop solar system. The sale price of the property was $8.8 million, amounting to a price per square foot of $248.

Summary of transaction details:

The sale of the industrial building was brokered by the seller's representatives, including Matt Pourcho, Anthony DeLorenzo, Matt Harris, and Casey Sterk from CBRE. On the buyer's side, Dangra, Inc. was represented by Sam Sukut of Matthews Real Estate in this transaction.

Players

Anthony DeLorenzo

CBRE

Broker

$2B

vol

119 deals

Broker

Vista 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

1.80%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93