Updated Oct 28, 2024
TGSC Sells Tierrasanta Retail Property On Santo Road For $15.5M
6030 Santo Road, San Diego, CA, USA
$15,500,000
$367/SF
Building Size
42,192 SF
Asset Type
Retail
Closing
Jun 30, 2020
About this deal
AI
A retail property located at 5910-6030 Santo Road in Tierrasanta, San Diego has been sold for a price of $15,500,000. The property spans 42,192 square feet and has a price per square foot of $367. The sale took place on June 30, 2021. The seller, TGSC, was represented by their own team. The buyer's representatives were Nick Totah and Ross Sanchez.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $15,500,000
- Address: 5910-6030 Santo Road, Tierrasanta, San Diego
- Market: Tierrasanta, San Diego
- Square Footage: 42,192
- Price per Square Foot: $367
The sale of the retail property at 5910-6030 Santo Road was facilitated by the buyer's representatives, Nick Totah and Ross Sanchez. They represented the buyer in this transaction. TGSC, the seller, was represented by their own team.
San Diego Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93