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9874 Via De La Amistad, San...

Chris Nelson & Ben Turner Sell Industrial Property In San Diego For $3.35M
SOLDIndustrial

Chris Nelson & Ben Turner Sell Industrial Property In San Diego For $3.35M

9874 Via De La Amistad, San Diego, California 92154, United States

$3,350,000

$335,000/SF

Building Size

10 SF

Asset Type

Industrial

Closing

Dec 21, 2022

AI

The industrial property located at 9874 Via De La Amistad in San Diego, was recently sold for a total price of $3,350,000. The property spans across a total area of 10,140 square feet, resulting in a price per square foot of $330. The transaction took place on December 21, 2022, and was facilitated by the seller, Chris Nelson & Ben Turner, representing IPCRE, Inc, and the buyer's representative, DBA Inland Pacific.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,350,000
  • Square Feet: 10,140
  • Price per Square Foot: $330

The seller's representatives for this transaction were Ben Tashakorian, Peter Eltaeb, Ali Waliahdi, and Conor Brennan, who are associated with Marcus & Millichap.

Players

Ben Tashakorian

Marcus & Millichap

Broker

$32.6M

vol

4 deals

Broker

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

4.74%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93