Private Buyer Acquires 18607 Square Foot Industrial Property At 920 Rancheros Drive For $5.1M

The industrial property located at 920 Rancheros Drive in San Marcos has been sold for $5.1 million. This multi-tenant asset encompasses a total area of 18,607 square feet, which translates to a price per square foot of $274.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,100,000
• Address: 920 Rancheros Drive
• Market: San Marcos
• Seller: 920 Rancheros Property LLC
• Brokers: Matt Harris, Matt Pourcho, Anthony DeLorenzo, Weston Yahn, Dennis Visser - CBRE; Chris Nelson - Matthews
• Sale Date: 10/13/2025
• Square Footage: 18,607
• Price per Square Foot: $274

The transaction involved a private buyer who acquired the property in a reverse 1031 exchange. The brokers from CBRE, including Matt Harris, Matt Pourcho, Anthony DeLorenzo, Weston Yahn, and Dennis Visser, along with Chris Nelson from Matthews, facilitated the negotiation between the buyer and seller.