Dalfen Industrial Acquires Industrial Property In San Diego For $24.8M
7615 Siempre Viva Road, San Diego, California 92154, United States
$24,800,000
$286/SF
Building Size
86,680 SF
Asset Type
Industrial
Closing
Jul 17, 2022
AI
The industrial property at 7615 Siempre Viva Road in San Diego has been sold in a recent transaction. The property, spanning 86,680 square feet, was sold for a total price of $24,800,000. This translates to a price per square foot of $286.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $24,800,000
- Square Footage: 86,680
- Address: 7615 Siempre Viva Road, San Diego
- Market: San Diego
The buyer of the property is Dalfen Industrial, while the sellers are Alcion Ventures and Lincoln Property Co. West. The transaction was facilitated by brokers Mark Lewkowitz and Chris Holder from Colliers.
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
0.64%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93