facebook

traded

+ Submit
Home

/

Deals

/

California

/

Mixed Use

/

Sale

/

5920 Friars Rd, San Diego, ...

Protea Properties Acquires Mixed-Use Asset In San Diego For $47M
SOLDMixed-use

Protea Properties Acquires Mixed-Use Asset In San Diego For $47M

5920 Friars Rd, San Diego, CA, 92108

$47,000,000

Building Size

Asset Type

Mixed-use

Closing

Nov 22, 2023

AI

The property involved in the transaction is a mixed-use asset located at 5920 Friars Rd, San Diego, CA, 92108. It was sold for $47,000,000.00 in the market of San Diego.

Summary of transaction details:

Randy LaChance Sr. of Voit’s San Diego office represented the seller in the deal, while the buyer, Protea Properties, was self-represented.

Players

Randy LaChance

Voit Real Estate Services

Broker

$103.7M

vol

4 deals

Broker

San Diego Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93