Updated Oct 29, 2024
San Diego County Bar Association Acquires Property On 330 A St For $6.8M With Jack Blumenfeld As Buyer's Rep
330 a St, San Diego, CA, 92101
$6,800,000
$755/SF
Building Size
9,000 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is a single-story office building located at 330 A Street, San Diego, CA, 92101. The building has a total square footage of 9,000 and was sold for $6,800,000.00 within the San Diego market.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: $6,800,000.00
- Address: 330 A St, San Diego, CA, 92101
- Market: San Diego
- Buyer: San Diego County Bar Association
- Seller: Undisclosed
- Buyer’s Representative: Jack Blumenfeld - Colliers International
- Seller’s Representatives: Marc Frederick & Jeff Oesterblad - CBRE
- Square Footage: 9,000
In this transaction, the San Diego County Bar Association was represented by Jack Blumenfeld and Tom Nicholas from Colliers International. The seller, 330 A Street LLC, was represented by Jeff Oesterblad and Marc Frederick from CBRE’s San Diego office, facilitating the completion of the deal.
Players
San Diego Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93