Bailey Roland Acres LP Acquires 4.7 Acre Industrial Property In Santee For $11.5M
8520 Roland Acres Road
$11,500,000
$227/SF
Building Size
50,668 SF
Asset Type
Industrial
Closing
May 22, 2025
AI
Bailey Roland Acres LP acquired a 4.7-acre industrial property located at 8520-8575 Roland Acres Road in Santee for $11.5 million in an all-cash deal. The property consists of five warehouse buildings that total 50,668 square feet, featuring fenced yards and overhead cranes.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,500,000
- Address: 8520-8575 Roland Acres Road
- Market: Santee
- Acres: 4.7
- Square Footage: 50,668
- Price Per Square Foot: $227
- Buyer: Bailey Roland Acres LP
- Seller: Mary Jude LLC
- Buyer's Representative: Jasmine Golia, Ken Robak & Nick Mane - Pacific Coast Commercial
- Seller's Representative: Colliers
The transaction was facilitated through the efforts of the respective representatives, with Jasmine Golia, Ken Robak, and Nick Mane from Pacific Coast Commercial representing the buyer, while Colliers represented the seller, Mary Jude LLC.
Players
Santee 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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93