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505 South Pacific Street, S...

Updated Dec 6, 2024

Stos Partners Sells Industrial Property On South Pacific Street In San Marcos, San Diego For $42.2M
SOLDIndustrial

Stos Partners Sells Industrial Property On South Pacific Street In San Marcos, San Diego For $42.2M

505 South Pacific Street, San Marcos, San Diego County, CA, USA

$42,200,000

$371/SF

Building Size

113,500 SF

Asset Type

Industrial

Closing

Jun 28, 2020

About this deal

AI

Located at 505 South Pacific Street in San Marcos, San Diego, this industrial property was recently sold in a closed transaction. The property spans over 113,500 square feet and was acquired at a sale price of $42,200,000, resulting in a price per square foot of $371.

Summary of transaction details

The deal involved various individuals and companies who played key roles in the transaction. CBRE represented the seller, Stos Partners, with a team consisting of Darla Longo, Barbara Perrier, Louay Alsadek, and Hunter Rowe. Additionally, Bob Willingham from Kidder Matthews also represented the seller's interests.

Players

Darla Longo

CBRE

Broker

$1.3B

vol

22 deals

Broker
Colliers
ColliersBrokerage
Stos Partners
Stos Partners Seller

San Marcos Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $371 per square foot on a published $42.2M for 113,500 square feet (2020).

Visit Louay Alsadek to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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