Joe Bolognese Represents Lender In $1.25M Industrial Loan At 550 W Centennial Blvd Casa Grande
FINANCED
$1,250,000
Arizona
See Similar DealsIndustrial42,865 SF
Financed 10/07/2024
FINANCED
Joe Bolognese Represents Lender In $1.25M Industrial Loan At 550 W Centennial Blvd Casa Grande
550 W Centennial Blvd
See Similar DealsIndustrial42,865 SF
Financed 10/07/2024
Summary
ARIZONA
Asset Type:Industrial
Price Per Square Foot:$29
Total Square Footage:42,865 SF
Lot Square Footage:233917 SF
Transaction Type:Loan
The property asset involved in the transaction is located at 550 W Centennial Blvd in Casa Grande, classified as an industrial asset. The loan amount associated with this transaction is $1,250,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,250,000.00
- Address: 550 W Centennial Blvd
- Market: Casa Grande
- Brokers: Joe Bolognese, Matthew Furey (Colliers)
The brokers representing this transaction include Joe Bolognese and Matthew Furey from Colliers. Their involvement highlights the professional support provided throughout the loan process for the industrial property in Casa Grande.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,250,000.00
Monthly NOI$8,333.33
Monthly Debt Service$7,900.85
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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