Updated Sep 5, 2024
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
About this deal
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.
On the Map
$6,443,000
$94/SF
Industrial
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Players
Middle River 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
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93