Local Owner Sells Main Street Property for Over $6.4 Million
By Wes Hudgins CoStar Research June 6, 2022 | 5:01 AM
Desert King International acquired the industrial building at 745 Main St. in Chula Vista, California, for more than $6.4 million, or $275 per square foot, from a local owner. The buyer is a producer of natural vaccine adjuvants based on Quillaja saponins used in dozens of commercial human and veterinary vaccines manufactured by some of the world’s largest laboratories.
The 23,290-square-foot industrial facility is located a few miles from the Interstate-805 freeway. The property features 33 parking spaces, a fenced lot, building signage, 24-foot clear heights, four drive-in bays and six loading docks, two truck wells, skylights and 1,200-amp heavy power.
Michael Mossmer and Patrick Connors of Voit Real Estate Services represented the buyer. Ricky James, also with Voit, represented the seller in the deal.
Please see CoStar COMPS #6011423 for more information on this transaction.
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