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5127 West Roosevelt Street,...

Updated Oct 28, 2024

The Koll Co Acquires Industrial Property In Phoenix, AZ For $13.7M
SOLDIndustrial

The Koll Co Acquires Industrial Property In Phoenix, AZ For $13.7M

5127 West Roosevelt Street, Phoenix, Arizona 85043, United States

$13,700,000

Building Size

—

Asset Type

Industrial

Closing

Jul 13, 2022

About this deal

AI

The industrial property located at 5127 W Roosevelt St & 4587 W McDowell Rd in Phoenix, AZ has been sold in a transaction. The sale price for this property was $13,700,000.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $13,700,000
  • Address: 5127 W Roosevelt St & 4587 W McDowell Rd, Phoenix, AZ
  • Market: Phoenix, AZ

The buyer of this property was The Koll Co, while JFN Mechanical acted as the seller in this transaction. The brokers involved in this deal were Phil Haenel and Will Strong from Cushman & Wakefield.

On the Map

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$13,700,000

Industrial

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Players

Phil Haenel

Cushman & Wakefield

Broker

$518.3M

vol

20 deals

Broker
TC
The Koll CoBuyer

Phoenix Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.16%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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