Updated Oct 29, 2024
Aroga Real Estate Acquires Office Property In San Diego For $7.5M
5657 Copley Drive, San Diego, California 92111, United States
$7,500,000
$416,666/SF
Building Size
18 SF
Asset Type
Office
Closing
Dec 13, 2022
About this deal
AI
A 18,000 square foot office property located at 5657 Copley Drive in San Diego has been sold for $7,500,000. The property, captured in an image by Todd Holley, was sold on December 13, 2022.
Summary of transation details
- Property Type: Office
- Transaction Amount: $7,500,000
- Square Footage: 18,000
- Price per Square Foot: $417
- Address: 5657 Copley Drive, San Diego
- Market: San Diego
The buyer of the property is Aroga Real Estate LLC. Todd Holley from Voit Real Estate Services represented the buyer as their representative. The seller's representatives in this transaction were Matt Pourcho, Matt Harris, Anthony DeLorenzo, and Bryan Johnson from CBRE.
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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93