Lee & Associates – North San Diego County Completes $2.454M Sale of Three Industrial Buildings in Vista, CA

Vista, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the sale an 11,971 square foot net leased investment property located at 1046-1050 La Mirada Court, Vista.  At the time of sale, the building was leased on a long-term basis by H2O Innovation USA, Inc who specializes in water filtration, wastewater treatment and water reuse. The property was sold for $2,454,000 ($205/SF) with a first year Capitalization Rate of 5.9%.

Isaac Little, Marko Dragovic, TJ Donnelly and Matt Weaver of Lee & Associates – North San Diego County, represented the Buyer, Sterndahl Group 3, LLC.  The Seller, The San Diego 17 Trust, was represented by Rocket Glass.

Isaac Little

Marko Dragovic

TJ Donnelly

Matt Weaver

ABOUT LEE & ASSOCIATES
Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com or follow us on FacebookLinkedInTwitter and Link, our company blog.