SOLDIndustrial
Private Investor Acquires Industrial Portfolio For $9.1M At 2438, 2440 & 2446 Cades Way
2438 Cades Way, 2440 Cades Way & 2446 Cades Way
$9,100,000
$271/SF
Building Size
33,573 SF
Asset Type
Industrial
Closing
Jul 1, 2026
AI
A private investor acquired a three-building industrial portfolio located at 2438, 2440, and 2446 Cades Way in Vista, CA. The transaction involved a total square footage of 33,573 and was completed for a price of $9,100,000, resulting in a price per square foot of $271.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,100,000
- Square Footage: 33,573
- Price per Square Foot: $271
- Address: 2438, 2440 & 2446 Cades Way
- Market: Vista, CA
Lee & Associates' Rusty Williams, Chris Roth, and Jake Rubendall represented both the undisclosed buyer and seller in this off-market transaction.
Players
Cadiz 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
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93