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3676 Main Street

Industrial Property Sells For $625,000 In San Diego With Broker Ramin Salehi Of CBRE
SOLDIndustrial

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

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.

Players

Ramin Salehi

CBRE

Broker

$39.2M

vol

7 deals

Broker

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