Updated Dec 4, 2024
EZ Fit Movers LLC Purchases Industrial Building In San Diego's Otay Mesa For $11.4M
2548 Cactus Road
$11,400,000
$257/SF
Building Size
44,278 SF
Asset Type
Industrial
Closing
Aug 16, 2024
About this deal
AI
EZ Fit Movers LLC purchased an industrial building located at 2548 Cactus Road in San Diego's Otay Mesa. The transaction involved an asset valued at $11.4 million, encompassing a total of 44,278 square feet. The price per square foot was calculated at $257.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,400,000
- Address: 2548 Cactus Road
- Square Footage: 44,278
- Price per Square Foot: $257
- Buyer: EZ Fit Movers LLC
- Buyer's Representative: Todd Holley - Voit Real Estate Services
- Seller's Representative: CBRE
This transaction was facilitated by Todd Holley of Voit Real Estate Services, representing the buyer in the deal, while CBRE acted as the representative for the seller, ensuring a smooth transaction process.
San Diego Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Todd Holley to view all their deals.
Browse San Diego industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93