RRA Capital Provides $3.7 Million Loan For Industrial Property At 4645 S 35th St Phoenix
4645 S 35th St
$3,705,000
$33/SF
Building Size
110,000 SF
Asset Type
Industrial
Closing
Dec 15, 2020
AI
The asset involved in this transaction is an industrial property located at 4645 S 35th St in Phoenix. The loan amount for this transaction is $3,705,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,705,000.00
- Market: Phoenix
- Lender: RRA Capital
- Brokers: Adam Parker - Gantry
- Loan Date: 12/15/2020
This transaction involved key individuals and companies, including the lender RRA Capital and broker Adam Parker representing Gantry in this deal. The transaction reflects a significant financial commitment in the industrial sector.
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
4.28%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93