Zions Bank Provides $6.12M Refinance Loan For 49,844 SF Industrial Property In Las Vegas
3135 Marco St, Las Vegas, NV 89115
$6,120,000
$122/SF
Building Size
49,844 SF
Asset Type
Industrial
Closing
Aug 18, 2022
AI
The industrial property located at 3135 Marco St. in Las Vegas, NV was involved in a recent loan transaction. The property spans approximately 49,844 square feet, making it a sizable asset in the market.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $6,120,000
- Loan Type: Refinance
The loan for this property was provided by Zions Bank. The brokers who facilitated the transaction were Stefen Chraghchian & Sharone Sabar of Marcus & Millichap.
For more information on the complete deal story, please reach out to Stefen Chraghchian at 818-319-5749 or [email protected].
Players
Las Vegas Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.59%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93