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Chad O’Connor Of Marcus & Millichap Arranges $8.89M Loan For Industrial Property In Robersonville
FINANCED
$8,890,000
North Carolina
See Similar DealsIndustrial206,369 SF
Financed 11/25/2025
FINANCED
Chad O’Connor Of Marcus & Millichap Arranges $8.89M Loan For Industrial Property In Robersonville
201 East 3rd Street
See Similar DealsIndustrial206,369 SF
Financed 11/25/2025
Summary
NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$43
Total Square Footage:206,369 SF
Transaction Type:Loan
An industrial property located at 201 East 3rd Street in Robersonville, NC, encompassing a total area of 206,369 square feet has been involved in a loan transaction. The loan amount secured for this property is $8,890,000, supported by a local credit union through a financing package with a fixed rate of 6.09% for a duration of 10 years.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,890,000
- Address: 201 East 3rd Street
- Market: Robersonville, NC
- Asset Size: 206,369 SF
- Loan Amount: $8,890,000
Chad O’Connor from Marcus & Millichap represented the loan arrangement for this transaction, showcasing the involvement of a local credit union in securing financing for the industrial asset.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$8,890,000.00
Monthly NOI$59,266.67
Monthly Debt Service$56,190.85
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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