SOLDOffice
Colliers International Brokers Finalize $16.35M Sale Of San Diego Office
6719 Alvarado Road
$16,350,000
$312/SF
Building Size
52,366 SF
Asset Type
Office
Closing
Apr 23, 2024
AI
The property at 6719 Alvarado Road in San Diego was recently sold as part of a closed transaction for $16,350,000. This office asset spans 52,366 square feet, resulting in a price per square foot of $312.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $16,350,000
- Address: 6719 Alvarado Road
- Market: San Diego
- Brokers: Ryan Foley, Matthew Melendres & John Wadsworth - Colliers International
- SF: 52,366
- PPSF: $312
Ryan Foley, Matthew Melendres, and John Wadsworth from Colliers International were the brokers involved in facilitating this property transaction.
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
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93