RRA Capital Provides $12 Million Loan For Industrial Asset At 10121 Greenbrier Parkway In Madison
10121 Greenbrier Parkway
$12,000,000
$41/SF
Building Size
290,160 SF
Asset Type
Industrial
Closing
Nov 6, 2024
AI
The property involved in this transaction is an industrial asset located at 10121 Greenbrier Parkway in the Madison market. The loan amount for the asset is $12,000,000.00, reflecting the financial backing provided for this transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,000,000.00
- Lender: RRA Capital
- Broker: Scott Modelski - Black Bear Capital Partners
Key individuals involved in this deal include Scott Modelski, who represented the interests of the broker agency Black Bear Capital Partners in facilitating the transaction. RRA Capital provided the financial lending necessary for the acquisition of the property.
Players
Madison Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93