Kingsbarn Realty Capital Acquires Office Property In Henderson, NV For $114.5M
2285 Corporate Circle, Henderson, Nevada 89074, United States
$114,500,000
$330/SF
Building Size
347,015 SF
Asset Type
Office
Closing
Sep 21, 2022
AI
The office property located at 2285 Corporate Cir in Henderson, NV has been sold in a transaction. The property spans a total area of 347,015 square feet and was sold at a price of $114,500,000, resulting in a price per square foot of $330.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $114,500,000
- Address: 2285 Corporate Cir, Henderson, NV
- Market: Henderson, NV
The buyer in this transaction is Kingsbarn Realty Capital, while the sellers are JMA Ventures and Blue Vista Capital Management. The sale was facilitated by the brokers Tyler Ecklund, James Griffis, Brad Peterson, Darren Lemmon, and Justin Witt from CBRE.
Players
Henderson Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93