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Elion Partners Acquires Industrial Property In San Diego For $11.75M

Property Image
SOLD
$11,750,000
Jake Rubendall
Rusty Williams
Greg Pieratt
+ 1

California

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Industrial47,560 SF
Sold 01/28/2022
the dealplayerscompscontact
Property Image
SOLD

Elion Partners Acquires Industrial Property In San Diego For $11.75M

2465 Ash Street, San Diego, California 92102, United States

See Similar Deals
Industrial47,560 SF
Sold 01/28/2022
Jake Rubendall
Rusty Williams
Greg Pieratt
+ 1
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$247
Total Square Footage:47,560 SF
Transaction Type:Sale

The industrial property located at 2465 Ash Street in San Diego has been sold for a total price of $11,750,000. The property spans across 47,560 square feet, resulting in a price per square foot of $247. The transaction took place on January 28, 2022.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $11,750,000
  • Address: 2465 Ash Street, San Diego
  • Market: San Diego

The buyer, Elion Partners, acquired the property from the seller, Harley Dixson. Greg Pieratt represented Elion Partners as their buyer's representative in the deal. The seller, on the other hand, was represented by Rusty Williams, Chris Roth, and Jake Rubendall from Lee & Associates NSDC.

Players

Greg Pieratt
Lee & Associates
Greg Pieratt
4 deals$55.1M volume
BROKER
Rusty Williams
Lee & Associates
Rusty Williams
15 deals$231.6M volume
BROKER
Chris Roth
Lee & Associates
Chris Roth
16 deals$231.6M volume
BROKER
Jake Rubendall
Lee & Associates
Jake Rubendall
11 deals$188.8M volume(818) 640-0838
BROKER
Elion Partners
Elion Partners
BROKERAGE
Elion Partners
Elion Partners
BUYER

Details

SOLD
IMAGE: Chris Roth, Rusty Williams & Jake Rubendall DATE: 01/28/2022 ADDRESS: 2465 Ash Street MARKET: San Diego ASSET TYPE: Industrial BUYER: Elion Partners SELLER: Harley Dixson BUYER'S REP: Greg Pieratt - (@The_Tenant_Edge) SELLER'S REP: Rusty Williams, Chris Roth & Jake Rubendall - Lee & Associates NSDC (@WilliamsRothGroup) SALE PRICE: $11,750,000 SF: 47,560 ~ PPSF: $247

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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