Updated Oct 12, 2026
RRA Capital Provides $6.54 Million Loan For Industrial Asset In Phoenix
1002 S 54th Ave.
$6,540,000
Building Size
—
Asset Type
Industrial
Closing
Dec 29, 2022
About this deal
AI
The asset involved in this transaction is an industrial property located at 1002 S 54th Ave. in Phoenix. The loan amount for this transaction was $6,540,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,540,000.00
- Date: 12/29/2022
- Brokers: Bart Welch
- Lender: RRA Capital
This transaction was facilitated by Bart Welch, who acted as the broker for the deal. The lender involved in providing the financing for this transaction was RRA Capital.
The industrial loan at 1002 S 54th Ave. in Phoenix, Arizona financed for $6.5M in 2022. 1002 S 54th Ave. is classified as Industrial on Traded. Named participants on the 1002 S 54th Ave. loan are Bart Welch. This page is the Phoenix, Arizona file for the 1002 S 54th Ave. industrial financed: pricing, party profiles, and other closed industrial comps from the same Phoenix sit in the Market section below. Filter that Phoenix industrial set by closing date to see what else financed near 1002 S 54th Ave. around 2022. Published consideration for 1002 S 54th Ave. is $6.5M, dated 2022. Cite this RRA Capital Provides $6.54 Million Loan For Industrial Asset In Phoenix loan when underwriting similar industrial product around Phoenix, Arizona.
On the Map
$6,540,000
Industrial
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Players
Phoenix 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
2.43%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93