Off-Market Multi-Tenant Industrial Property in Vista Sells for $7,350,000
Vista, CA – September 13, 2024 – Isaac Little and Marko Dragovic of Lee & Associates – NSDC have just negotiated the sale of the Creekview Industrial Park, Vista, for $7,350,000 in an off-market transaction.
The 30,866 square foot multitenant industrial park consists of 21 units ranging in size from 900 to 4,000 square feet and was 95% leased at the time of sale. Built in 1994, the project has an average of 10% improved office area, grade level loading, an ample parking ratio (2.71/1,000 SF) and is located within the center of the thriving Vista Business Park.
The Little Dragovic Team of Lee & Associates represented the Buyer, Birtcher Anderson & Davis and represented the Seller, Creekview Industrial Center LLC in the transaction.