Updated Oct 29, 2024
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
About this deal
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
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