Invesco LTD Acquires Warehouse From Brass Cap For $5.58M In Sloan
14600 Arville St
$5,585,000
$35/SF
Building Size
159,337 SF
Asset Type
Warehouse
Closing
Sep 9, 2021
AI
The asset involved in this transaction is a warehouse located at 14600 Arville St in the Sloan market. The transaction closed on September 9, 2021, for a total price of $5,585,000.00. The property encompasses a total square footage of 159,337.0 sq ft.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $5,585,000.00
- Address: 14600 Arville St
- Market: Sloan
- Square Footage: 159,337.0
- Buyer: Invesco LTD
- Seller: Brass Cap
- Broker Representation: Josh Peck, Susan Annis (GFI Realty Services)
This transaction highlights the participation of Invesco LTD as the buyer, with Brass Cap serving as the seller. Josh Peck and Susan Annis from GFI Realty Services represented the seller in this deal, facilitating the transaction between the involved parties.
Players
Sloan Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.84%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93