Updated Aug 25, 2026
Slatt Capital Arranges $22M Loan For Retail Property On 701 Fifth Avenue In San Diego
701 Fifth Avenue
$22,000,000
$351/SF
Building Size
62,602 SF
Asset Type
Retail
Closing
Sep 5, 2023
About this deal
AI
The property involved in this transaction is a retail asset located at 701 Fifth Avenue in San Diego. The property spans a total area of 62,602 square feet. It was acquired by an undisclosed buyer.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $22,000,000
- Address: 701 Fifth Avenue, San Diego
- Market: San Diego
- Landlord: Elie Samaha
- Brokers: Antonio Hachem, Cornelius Baliukonis & Wendy Wang - Slatt Capital
- Loan Type: Acquisition
The acquisition of this retail property was facilitated through a loan of $22,000,000. The deal was brokered by Antonio Hachem, Cornelius Baliukonis, and Wendy Wang of Slatt Capital.
On the Map
$22,000,000
$351/SF
Retail
View full map
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Wendy Wang to view all their deals.
Browse California retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93