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7615 Siempre Viva Road, San...

Dalfen Industrial Acquires Industrial Property In San Diego For $24.8M
SOLDIndustrial

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

Mark Lewkowitz

Colliers

Broker

$35.2M

vol

6 deals

Broker
Lincoln Property Company
Lincoln Property CompanyBrokerage
Dalfen Industrial
Dalfen IndustrialBuyer
Lincoln Property Company
Lincoln Property CompanySeller

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