Updated Oct 28, 2024
Hill Properties Acquires Mixed-Use Property In Rancho Bernardo For $17.5M
10965 Via Frontera, San Diego, California 92127, United States
$17,500,000
$216/SF
Building Size
80,900 SF
Asset Type
Mixed-use
Closing
Jan 28, 2022
About this deal
AI
An industrial property located at 10965-10993 Via Frontera Dr. in Rancho Bernardo has been sold for a total of $17,500,000. The property spans an impressive 6.21 acres and is classified as a mixed-use asset. It offers a total of 80,900 square feet of space, resulting in a price per square foot of $216.
Summary of transation details
- Property Type: Mixed-Use
- Transaction Amount: $17,500,000
- Address: 10965-10993 Via Frontera Dr.
- Market: Rancho Bernardo
- Acres: 6.21
Hill Properties, represented by Jason Hill, served as the buyer in this transaction, while Xpress Data Inc. acted as the seller. The deal was facilitated by Philip Roberts from Cushman & Wakefield.
San Diego Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Cushman & Wakefield to view all their deals.
Browse California mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93