Updated Oct 29, 2024
AMK Auto Group Acquires 2.9-Acre Industrial Yard In Otay Mesa For $5.84M
7680 Paseo De La Fuente San Diego, CA 92154, USA
$5,840,000
Building Size
—
Asset Type
Industrial
Closing
Jul 7, 2023
About this deal
AI
CBE brokered the sale of a 2.9-acre industrial yard located at 7680 Paseo De La Fuente in Otay Mesa, San Diego. The property was sold to AMK Auto Group for a total price of $5,840,000. The industrial yard is move-in ready and offers direct access to the Otay Mesa II Port of Entry.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,840,000
- Address: 7680 Paseo De La Fuente, San Diego
- Market: San Diego
- Acres: 2.9
Ramin Salehi, John Smith, and Joe Smith from CBRE represented both the buyer, AMK Auto Group, and the seller, One Paseo Fuente 7680 LLC, in this transaction.
On the Map
$5,840,000
Industrial
View full map
Players
Los Angeles Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Los Angeles industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.72%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93