Updated Oct 28, 2024
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.
Players
Phoenix Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Arizona industrial sales on Traded.
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