LLJ Ventures Acquires Industrial Property In San Diego For $13.8M
9151 Rehco Road, San Diego, CA, USA
$13,800,000
$197/SF
Building Size
70,000 SF
Asset Type
Industrial
Closing
May 16, 2021
AI
The industrial property located at 9151 Rehco Road in San Diego has been sold in a recent transaction. The property spans 70,000 square feet and was sold for a price of $13,800,000, resulting in a price per square foot of $197. The sale was completed on May 17, 2021.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $13,800,000
- Square Footage: 70,000
- Price per Square Foot: $197
- Address: 9151 Rehco Road, San Diego
- Market: San Diego
The buyer in this transaction is LLJ Ventures, represented by Leonardo Simpser & Luis Maizel. The seller is Rehco Holdin LLC.
Players
San Diego Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93