Updated Dec 6, 2024
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
About this deal
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.
On the Map
$13,000,000
$185/SF
Industrial
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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