Island Batik Acquires Industrial Property In Carlsbad For $3.1M With Buyer's Rep Conor Boyle & Tyler Stemley - Colliers And Seller's Rep Baumgart & Steven Field - JLL
2768 Loker Ave W, Carlsbad, CA, USA
$3,095,000
$210/SF
Building Size
14,725 SF
Asset Type
Industrial
Closing
Jan 26, 2021
AI
Island Batik has purchased an industrial property located at 2768 Loker Ave. West in Carlsbad. The property spans approximately 14,725 square feet and was sold for a price of $3,095,000, resulting in a price per square foot of $210.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,095,000
- Address: 2768 Loker Ave. West, Carlsbad
- Market: Carlsbad
The buyer, Island Batik, was represented by Conor Boyle and Tyler Stemley from Colliers. On the other hand, Baumgart and Steven Field from JLL served as the seller's representatives.
Players
Carlsbad 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
5.13%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93