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101 Columbia, Aliso Viejo, ...

Updated Oct 28, 2024

Holt Integrated Circuits Inc. Acquires 38,154 SF Office Building In Aliso Viejo For $10.5M
SOLDOffice

Holt Integrated Circuits Inc. Acquires 38,154 SF Office Building In Aliso Viejo For $10.5M

101 Columbia, Aliso Viejo, California 92656, United States

$10,500,000

$275/SF

Building Size

38,154 SF

Asset Type

Office

Closing

Dec 15, 2021

About this deal

AI

A 38,154 square foot office building located at 101 Columbia in Aliso Viejo has been sold for $10,500,000. The property was purchased by Holt Integrated Circuits Inc. from Lone Cypress Real Estate, with the transaction facilitated by Mark Jerue and Craig Fitterer of Lee & Associates representing the buyer, and Mike Adams and Morgan Adams of Stream Realty Partners representing the seller. The sale price equates to approximately $275 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $10,500,000
  • Address: 101 Columbia, Aliso Viejo
  • Market: South County
  • Buyer: Holt Integrated Circuits Inc.
  • Seller: Lone Cypress Real Estate
  • Buyer's Representative: Mark Jerue & Craig Fitterer - Lee & Associates
  • Seller's Representative: Mike Adams & Morgan Adams - Stream Realty Partners
  • SF: 38,154
  • Price Per Square Foot (PPSF): $275

This transaction marks the largest user transaction in the City of Aliso Viejo in the past 24 months. Lone Cypress Real Estate initially bought the building vacant in 2020, and with proactive marketing strategies and direct-to-user digital marketing enabled by artificial intelligence from Realty Ads, Stream Realty Partners was able to generate multiple strong options, including single-user/long-term leases or purchase options. Ultimately, Lone Cypress chose the purchase option, resulting in the sale to Holt Integrated Circuits Inc.

On the Map

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$10,500,000

$275/SF

Office

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Players

Mark Jerue

Lee & Associates

Broker

$20.4M

vol

4 deals

Broker
HI
Holt Integrated Circuits Inc.Buyer
Bilt advertisement

Aliso Viejo Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $275 per square foot on a published $10.5M for 38,154 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.51%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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