Lawrence Allen & Associates represented BB PROPERTIES LLC ( Seller) in the acquisition of an approximately 9,990 sf industrial building located at 2535 Jason Court Oceanside, Ca.
Larry Kliger of Lawrence Allen & Associates represented the Buyer and Jeff Crocker of Kidder Matthews represented the Seller. The property was a single tenant leased property located in the Rancho Del Oro section of Oceanside’s industrial base.
The final purchase price was $1,683,315 which approximately calculated to a 6% return on existing rents.
Lawrence Allen & Associates is a full service commercial brokerage and property management firm. Lawrence Allen’s brokerage and management areas of expertise include, industrial, commercial and retail properties throughout the Southern California region.