Daily limit: 0/10
CES Remington, LLC Acquires Aerofund Financial Plaza Office Building In San Diego
SOLD
$9,800,000
+ 2
California
See Similar DealsOffice48,571 SF
Sold 06/18/2024
SOLD
CES Remington, LLC Acquires Aerofund Financial Plaza Office Building In San Diego
4025 Camino Del Rio South
See Similar DealsOffice48,571 SF
Sold 06/18/2024
+ 2
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$201
Total Square Footage:48,571 SF
Transaction Type:Sale
The property involved in the transaction is located at 4025 Camino Del Rio South in San Diego. This Office property spans 1.3 acres and was sold for $9,800,000. The building measures 48,571 square feet, leading to a price per square foot of $202.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $9,800,000
- Buyer: CES Remington, LLC
- Buyer's Representative: Brandon Keith - Voit Real Estate Services
- Seller's Representatives: Brooks Campbell, Jeffrey Cole, Mark Avilla & Nico Napolitano - Cushman & Wakefield
Cushman & Wakefield brokered the sale of Aerofund Financial Plaza to CES Remington, LLC. The property features unique office spaces, large balconies, and subterranean parking, making it an attractive acquisition in San Diego's Mission Valley.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$522,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$34,817.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,457.00
Annual Debt Service$557,484.00
Is there something missing? Send suggestions