Updated Oct 28, 2024
Cushman & Wakefield Brokers Sell Carlsbad Office Building For $6.5M
390 Oak Avenue, Carlsbad, California 92008, United States
$6,500,000
$541/SF
Building Size
12,000 SF
Asset Type
Office
Closing
Jul 10, 2022
About this deal
AI
California Property Brokers Ltd. has sold an office property located at 390 Oak Ave. in Carlsbad. The transaction was facilitated by brokers Peter Curry and Duncan Dodd from Cushman & Wakefield.
Summary of Transaction Details
- Property Type: Office
- Sale Price: $6,500,000
- Square Footage: 12,000
- Price per Square Foot: $541
- Transaction Date: 07/11/2022
- Market: Carlsbad
The office property at 390 Oak Ave. in Carlsbad was sold for a total price of $6,500,000. It occupies a space of 12,000 square feet, resulting in a price per square foot of $541. The transaction was completed on 07/11/2022 in the Carlsbad market. Peter Curry and Duncan Dodd, representing Cushman & Wakefield, were the brokers involved in the deal.
On the Map
$6,500,000
$541/SF
Office
View full map
Players
Carlsbad Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Peter Curry to view all their deals.
Browse California office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93