Stos Partners Sells Industrial Property In Carlsbad, San Diego For $13M
6212 Corte Del Abeto, Carlsbad, CA, USA
$13,000,000
$185/SF
Building Size
70,224 SF
Asset Type
Industrial
Closing
Mar 10, 2021
AI
The industrial property located at 6212 Corte Del Abeto in Carlsbad, San Diego has been sold for a price of $13,000,000. The property spans an area of 70,224 square feet, resulting in a price per square foot of $185. The sale took place on March 11, 2021.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $13,000,000
- Address: 6212 Corte Del Abeto, Carlsbad, San Diego
- Market: Carlsbad, San Diego
- Square Footage: 70,224
- Price per Square Foot: $185
The sale was facilitated by Greg Pieratt, Rusty Williams, and Chris Roth from Lee & Associates, who represented the seller, Stos Partners.
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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93