Lincoln Property Company West Inc. & Brasa Capital Management Acquire 3.56 Acre Industrial Property In Miramar For $13.8M
SOLD
$13,800,000
California
See Similar DealsIndustrial17,931 SF
Sold 01/14/2022
SOLD
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
See Similar DealsIndustrial17,931 SF
Sold 01/14/2022
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$769
Total Square Footage:17,931 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$736,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,028.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$65,419.04
Annual Debt Service$785,028.49
Is there something missing? Send suggestions