Marcus & Millichap Lists $25M Southern California Building

VISTA, CA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for the corporate headquarters of DEI Holdings Inc., a 202,045-square foot warehouse and office building (top left photo) in Vista, a city in northern San Diego County.

 The listing price of $25 million represents $124 per square foot. The property is offered at a generous 8.7 percent cap rate.

John Erthein, a vice president investments, and John Smelter, a first vice president investments, both in Marcus & Millichap’s San Diego office, are representing the seller.

“DEI Holdings Inc. has been in business for more than 30 years and employs more than 200 people at this location,” says Erthein. “There are six years remaining on the original term of the lease, which is triple-net and contains annual increases of 3 percent.”

Located at 1 Viper Way, the property includes a 31 percent office build out, 11 loading docks, six grade-level doors, 26-foot to 28-foot clear heights and is situated on an 11.66-acre parcel. The building is easily divisible into three separate units. The parking ratio is 2.16 spaces per 1,000 square feet.

DEI Holdings Inc. is the parent company of the largest designer and marketer in North America of premium home theater loudspeakers, vehicle security and remote start systems, car audio products and other electronics

Contact: Stacey Corso, Public Relations Manager, (925) 953-1716