facebook
Traded Co logo
Submit

Salwan Komo Acquires Mixed-Use Property In San Diego For $7.85M

Property Image
SOLD
$7,850,000

California

See Similar Deals
Mixed-use70,602 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Salwan Komo Acquires Mixed-Use Property In San Diego For $7.85M

1111 6th Avenue

See Similar Deals
Mixed-use70,602 SF
Sold
Contact now

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$111
Total Square Footage:70602 SF
Transaction Type:Sale

The mixed-use property located at 1111 6th Avenue in San Diego was successfully transacted for $7,850,000. The asset encompasses a total of 70,602 square feet, resulting in a price per square foot of $111. The sale, which took place on 03/25/2024, involved the buyer, Salwan Komo, and the seller, Bill Bennett. The transaction was facilitated by brokers Nicholas Totah and Ross Sanchez from Marcus & Millichap.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,850,000
  • Address: 1111 6th Avenue
  • Market: San Diego
  • SF: 70,602
  • PPSF: $111
  • Buyer: Salwan Komo
  • Seller: Bill Bennett
  • Brokers: Nicholas Totah & Ross Sanchez - Marcus & Millichap

The transaction at 1111 6th Avenue in San Diego involved key individuals such as Salwan Komo, the buyer, and Bill Bennett, the seller. The brokerage team that played a pivotal role in the deal included Nicholas Totah and Ross Sanchez from Marcus & Millichap, illustrating their expertise in facilitating successful property transactions.

Players

Nicholas (Nick) Totah
20 deals$137.6M volume(858) 373-3159
BROKER

Ross Sanchez
Marcus & Millichap
17 deals$123.6M volume
BROKER

Details

SOLD
IMAGE: Nicholas Totah & Ross Sanchez DATE: 03/25/2024 ADDRESS: 1111 6th Avenue MARKET: San Diego ASSET TYPE: Mixed-use BUYER: Salwan Komo SELLER: Bill Bennett (@Expansiveworkspace) BROKERS: Nicholas Totah (@TheTotahGroup) & Ross Sanchez (@Therozay) - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $7,850,000 SF: 70,602 ~ PPSF: $111

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$418,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$27,889.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,213.00
Annual Debt Service$446,556.06