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9722 Pulaski Highway

Marcus & Millichap Brokers $6.4M Industrial Sale In Middle River, MD
SOLDIndustrial

Marcus & Millichap Brokers $6.4M Industrial Sale In Middle River, MD

9722 Pulaski Highway

$6,443,000

$94/SF

Building Size

68,052 SF

Asset Type

Industrial

Closing

Jun 12, 2023

AI

The industrial property located at 9714-9722 Pulaski Hwy in Middle River, MD has been sold for a total price of $6,443,000. The property spans over 68,052 square feet, resulting in a price per square foot of $95.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $6,443,000
  • Address: 9714-9722 Pulaski Hwy, Middle River, MD
  • Square Footage: 68,052
  • Price per Square Foot: $95

The sale was facilitated by Bryn Merrey and John Faus, brokers representing Marcus & Millichap. They played a crucial role in the transaction, ensuring a successful deal for all parties involved.

Players

Bryn Merrey

Marcus & Millichap

Broker

$42M

vol

7 deals

Broker

Middle River Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.46%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93