Updated Oct 28, 2024
Lincoln Property Company West Inc. & Brasa Capital Management Acquire 3.56 Acre Industrial Property In Miramar For $13.8M
Miramar, San Diego, California, United States
$13,800,000
$769/SF
Building Size
17,931 SF
Asset Type
Industrial
Closing
Jan 14, 2022
About this deal
AI
An industrial property located in Miramar, spanning across 3.56 acres, was recently sold. The property, with a total area of 17,931 square feet, was purchased by Lincoln Property Company West Inc. and Brasa Capital Management for a sale price of $13,800,000. The transaction took place on January 14, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $13,800,000
- Square Footage: 17,931
- Market: Miramar
Evan McDonald, Tucker Hohenstein, and Mike Erwin from Colliers represented Lincoln Property Company West Inc. and Brasa Capital Management in this deal.
Players
San Diego Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Mike Erwin to view all their deals.
Browse California industrial sales on Traded.
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