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4645 S 35th St

RRA Capital Provides $3.7 Million Loan For Industrial Property At 4645 S 35th St Phoenix
FINANCEDIndustrial

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:

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

Adam Parker

Gantry

Broker

$26.1M

vol

5 deals

Broker
RRA Capital
RRA CapitalLender
Atlas Capital Partners
Atlas Capital PartnersLandlord

Phoenix Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

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