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10200 Willow Creek Road

Updated Oct 29, 2024

Epsten Grinnell & Howell, APC Sells Office Property In San Diego For $6.04M
SOLDOffice

Epsten Grinnell & Howell, APC Sells Office Property In San Diego For $6.04M

10200 Willow Creek Road

$6,040,000

$256/SF

Building Size

23,524 SF

Asset Type

Office

Closing

Jun 2, 2023

About this deal

AI

The office property located at 10200 Willow Creek Rd in San Diego has been sold for a price of $6,040,000. The property spans an area of 2.22 acres and consists of 23,524 square feet of space. The sale price per square foot was approximately $257. The transaction took place on 02/06/2023.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $6,040,000
  • Address: 10200 Willow Creek Rd
  • Market: San Diego
  • Acres: 2.22

The sale of this office property was facilitated by CBRE. The seller in the transaction was Epsten Grinnell & Howell, APC. The brokers involved in the deal were Matt Pourcho, Jeb Bakke, Anthony DeLorenzo, Matt Harris, and Nick Williams.

Players

Anthony DeLorenzo

CBRE

Broker

$2.1B

vol

120 deals

Broker

San Diego Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $256 per square foot on a published $6M for 23,524 square feet (2023).

Visit Nick Williams to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.63%

Cash-on-Cash

-0.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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