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12770-12860 El Camino Real ...

McCarthy Building Cos. Leases 30,000 SF Office Space At One Paseo In San Diego
LEASEDOffice

McCarthy Building Cos. Leases 30,000 SF Office Space At One Paseo In San Diego

12770-12860 El Camino Real San Diego, California 92130, USA

Building Size

30,000 SF

Asset Type

Office

Closing

Jul 12, 2023

AI

McCarthy Building Cos. has leased a 30,000-square-foot office space at One Paseo in San Diego. The prime location offers modern design and amenities to support McCarthy's construction and preconstruction services.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 12770-12860 El Camino Real
  • Market: San Diego
  • Square Footage: 30,000 SF

The lease was facilitated by JLL, with brokers Nicole Winters, Shawn Lorentzen, and Scott Wetzel representing McCarthy Building Cos. in the transaction.

Players

Scott Wetzel

JLL

Broker

4 deals

Broker

Tlaquepaque Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93