Lightwave Corporate Center
A mixed-use property in San Diego, California. Securitized in 1 CMBS deal in 2021.
$75.0MAppraised value (latest deal)
100.0%Occupancy
$4.7MUnderwritten NOI
6.3%Implied cap rate
- Address
- 9305 Lightwave Avenue, San Diego, CA 92123
- Property type
- Mixed Use · Industrial/Office
- Year built
- 1985
- Size
- 166,892 SF
- Sponsor
- DataCore Fund L.P.
- Loan purpose
- Refinance
- Largest tenant
- NFINIT
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2021-BNK36 | 2021-10-07 | $75.0M | 100.0% | $4.7M | 6.3% | $37.1M | 49.5% | 4.62x | 424B |
Historical NOI reported in BANK 2021-BNK36
| Period ending | NOI |
|---|---|
| 6/30/2021 | $4.9M |
| 12/31/2020 | $4.8M |
| 12/31/2019 | $3.8M |
More CMBS properties in California →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.