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7201 Post Road, Las Vegas, ...

MCA Realty Acquires Industrial Property In Las Vegas For $16.9M
SOLDIndustrial

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

Daniel Doherty

Colliers

Broker

$262.9M

vol

4 deals

Broker
MCA Realty
MCA RealtyBuyer

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