Updated Jun 6, 2025
MKJ Properties LLC Acquires Industrial Asset On Whitehurst Drive In Seaford For $4.2M
6063 Whitehurst Drive
$4,200,000
$67/SF
Building Size
61,900 SF
Asset Type
Industrial
Closing
Jun 4, 2025
About this deal
AI
A 61,900 sq ft industrial building located at 6063 Whitehurst Drive in Seaford, DE was sold for $4,200,000. The property is primarily used for industrial purposes and has a price per square foot of $68.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,200,000
- Buyer: MKJ Properties LLC
- Seller: Patriot Aluminum
- Brokers: Flo Brotzman - SVN | Miller Commercial Real Estate
The transaction involved MKJ Properties LLC as the buyer and Patriot Aluminum as the seller. Flo Brotzman represented the buyer while the seller was represented by the McClellan Team of SVN | Miller Commercial Real Estate.
Players
Seaford 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93