Updated Dec 4, 2024
Industrial Property Sells For $625,000 In San Diego With Broker Ramin Salehi Of CBRE
3676 Main Street
$625,000
Building Size
—
Asset Type
Industrial
Closing
Dec 30, 2021
About this deal
AI
The property involved in the transaction is an industrial asset located at 3676 Main Street in the San Diego market. The sale was finalized for a total of $625,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $625,000
- Sale Date: 12/30/2021
- Broker: Ramin Salehi - CBRE
- Address: 3676 Main Street
- Market: San Diego
This transaction was facilitated by Ramin Salehi, a representative from CBRE, who played a pivotal role in bringing the parties together for the completion of the sale.
On the Map
$625,000
Industrial
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Players
San Diego 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
25.38%
Cash-on-Cash
-7.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93