Updated Oct 29, 2024
Bradley Parker Acquires Retail Property In Vista, California For $2M
Vista Way & Monte Mar Road, Vista, Ca
$2,000,000
$500,000/SF
Building Size
4 SF
Asset Type
Retail
Closing
Dec 15, 2022
About this deal
AI
A retail property located at Vista Way & Monte Mar Road in Vista, CA has been sold. The transaction took place on 12/15/2022 in San Diego County. The property, comprising 4,238 square feet, was sold for $2,000,000 at a price per square foot of $472. The cap rate for this transaction was 3.25%. The buyer of the property was Bradley Parker, while the seller was J&T Management.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,000,000
- Square Footage: 4,238
- Price per Square Foot: $472
- Cap Rate: 3.25%
- Date: 12/15/2022
- Market: San Diego County
- Buyer: Bradley Parker
- Seller: J&T Management
Vanessa Haddad from CBRE represented the buyer, Bradley Parker, in this transaction.
Players
Orlando 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93