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46400 Fremont Boulevard, Fr...

United Omaha Life Insurance Provides $27.5M Refinance Loan For Industrial Property In Fremont
FINANCEDIndustrial

United Omaha Life Insurance Provides $27.5M Refinance Loan For Industrial Property In Fremont

46400 Fremont Boulevard, Fremont, California 94538, United States

$27,500,000

$198/SF

Building Size

138,343 SF

Asset Type

Industrial

Closing

Apr 20, 2022

AI

The recently closed property transaction in Fremont involves an industrial asset located at 46400 Fremont Blvd. This property spans across 140,000 square feet and is situated in the Fremont market.

Summary of transaction details

The lender for this transaction was United Omaha Life Insurance, while Dollinger Properties acted as the landlord. The broker representing this deal is Tony Kaufmann from Gantry. The loan amount for this refinance transaction was $27,500,000, and the loan has a fixed-rate for a term of 11 years.

Players

Tony Kaufmann

Gantry

Broker

$485.4M

vol

25 deals

Broker
United Omaha Life Insurance
United Omaha Life InsuranceLender

Fremont 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

0.58%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93