MCA Realty Acquires Industrial Property In Las Vegas For $16.9M
7201 Post Road, Las Vegas, Nevada 89113, United States
$16,900,000
$209/SF
Building Size
80,677 SF
Asset Type
Industrial
Closing
Mar 10, 2022
AI
An industrial property located at 7201 Post Road in Las Vegas has been sold in a transaction handled by the Doherty Industrial Group of Colliers. The property, with a total area of 80,677 square feet, was purchased by MCA Realty from JMAC Industries LP for a sale price of $16,900,000. This equates to a price per square foot of $209.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $16,900,000
- Address: 7201 Post Road, Las Vegas
- Square Footage: 80,677
- Market: Las Vegas
The deal was facilitated by the Doherty Industrial Group of Colliers, represented by brokers Dan Doherty, Paul Sweetland, Chris Lane, and Jerry Doty. MCA Realty acted as the buyer, while JMAC Industries LP served as the seller. The transaction was completed on March 11, 2022.
Players
Las Vegas 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
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93