3200 San Fernando LLC Acquires Industrial Property In Carlsbad For $44M
2882 Whiptail Loop E, Carlsbad, CA 92010, USA
$44,000,000
$25/SF
Building Size
1,698,250 SF
Asset Type
Industrial
Closing
Jun 10, 2020
AI
The industrial property located at 2882 Whiptail Loop East in Carlsbad has been sold in a recent transaction. The property spans a total area of 169,825 square feet and was sold for a price of $44,000,000, resulting in a price per square foot of $259.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $44,000,000
- Square Footage: 169,825
- Price per Square Foot: $259
- Address: 2882 Whiptail Loop East, Carlsbad
The buyer of the property is 3200 San Fernando LLC. The seller in this transaction was RPG. Representing the parties involved in the deal was Aric Starck from Cushman & Wakefield.
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
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93