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9874 Via De La Amistad, San...

Updated Oct 29, 2024

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

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.

On the Map

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$3,350,000

$335,000/SF

Industrial

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Players

Ben Tashakorian

Marcus & Millichap

Broker

$32.6M

vol

4 deals

Broker
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San Diego Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $335K per square foot on a published $3.4M for 10 square feet (2022).

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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

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