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740 Cape Horn Drive, Hender...

Unilev Capital Sells Industrial Property In Henderson, NV For $35M
SOLDIndustrial

Unilev Capital Sells Industrial Property In Henderson, NV For $35M

740 Cape Horn Drive, Henderson, Nevada 89011, United States

$35,000,000

$331/SF

Building Size

105,593 SF

Asset Type

Industrial

Closing

Oct 18, 2022

AI

The industrial property located at 740 Cape Horn Dr & 501 Parkson Rd in Henderson, NV has been sold for a price of $35,000,000. The property spans across 105,593 square feet, resulting in a price per square foot of $331. The seller of the property was Unilev Capital. The transaction was facilitated by CBRE brokers Tyler Eklund & James Griffis.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $35,000,000
  • Address: 740 Cape Horn Dr & 501 Parkson Rd
  • Market: Henderson, NV
  • Square Footage: 105,593
  • Price per Square Foot: $331
  • Seller: Unilev Capital
  • Brokers: Tyler Eklund & James Griffis - CBRE

The sellers in this transaction were represented by Tyler Eklund & James Griffis from CBRE. This successful sale highlights the demand for industrial properties in the Henderson, NV market.

Players

Tyler Eklund

CBRE

Broker

$149.5M

vol

2 deals

Broker
UC
Unilev CapitalSeller

Henderson 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

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93