Updated Dec 4, 2024
Integrated Consultants Incorporated Acquires Office In San Diego For $9.4M
3043 4th Avenue
$9,440,000
$545/SF
Building Size
17,302 SF
Asset Type
Office
Closing
Oct 28, 2023
About this deal
AI
The office property located at 3043 4th Avenue in San Diego has been sold in a closed transaction. The property spans 17,300 square feet and was purchased by Integrated Consultants Incorporated from System Property Development Company. The sale price for this transaction was $9,440,000, resulting in a price per square foot of $546.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $9,440,000
- Square Footage: 17,300
- Price per Square Foot: $546
- Market: San Diego
The deal was facilitated by the real estate brokerage firm QFC Real Estate, with Emmett Cahill and Peter Wright representing the buyer, Integrated Consultants Incorporated. The seller, System Property Development Company, was also represented by Emmett Cahill and Peter Wright.
Players
San Diego Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Emmett Cahill to view all their deals.
Browse San Diego office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.68%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93