Lee & Associates - North San Diego County Negotiates $1.575 Million Leased Investment Sale
OCEANSIDE, Calif.— March 14, 2014 — Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a leased investment sale on a 14,177 square foot industrial property for $1,575,000 with a 7.8% CAP rate. The 14K property is located on one acre of land at 417 Via Del Monte in Oceanside, California. The Seller, Rezlo Properties, LLC doing business as the Oceanside Collision Center, signed a five year lease-back on the property with the new Buyer.
Isaac Little and Marko Dragovic, of Lee & Associates – North San Diego County’s office in Carlsbad, represented the Buyer, Gunter Family Trust, and Dave Dean, of San Diego Commercial Realty, represented the Seller in the transaction.
About Lee & Associates
Celebrating more than 34 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 49 locations across the nation including Arizona, California, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas and Wisconsin. With a roster of nearly 730 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com