Updated Oct 15, 2025
Marc Brutten Of Brixton Capital Acquires Carmel Mountain Gateway Plaza In San Diego For $21.3M
11495 Carmel Mountain Road
$21,300,000
$481/SF
Building Size
44,230 SF
Asset Type
Retail
Closing
Sep 23, 2025
About this deal
AI
The property asset involved in this transaction is a retail center located at 11465-11495 Carmel Mountain Road in San Diego. The sale price for the asset was $21,300,000 and it encompasses a total square footage of 44,230. The property is situated in a market known for its commercial viability, and it was recorded at a price per square foot of $482.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $21,300,000
- Square Footage: 44,230
- Address: 11465-11495 Carmel Mountain Road
- Market: San Diego
- Buyer: Marc Brutten - Brixton Capital
- Seller: Triwell Properties
- Broker: Kyle Erthner - UrbanCalifornia
- Leased Percentage at Sale: 75%
Marc Brutten of Brixton Capital is noted for acquiring the Carmel Mountain Gateway Plaza, marking a strategic addition to their portfolio. Kyle Erthner from UrbanCalifornia represented the seller, Triwell Properties, in this transaction, which reflects Brixton Capital's continued investment in California retail properties.
On the Map
$21,300,000
$481/SF
Retail
View full map
Players
San Diego Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Marc Brutten to view all their deals.
Browse San Diego retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.74%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93