facebook
Traded Co logo
Submit

Brandon Johnson Acquires Industrial Property In Charlotte, NC For $2.57M

Property Image
SOLD
$2,575,000
Joseph Kassin

North Carolina

See Similar Deals
Industrial
Sold 01/19/2024
the dealplayerscompscontact
Property Image
SOLD

Brandon Johnson Acquires Industrial Property In Charlotte, NC For $2.57M

10600 Nations Ford Road

See Similar Deals
Industrial
Sold 01/19/2024
Joseph Kassin
Contact now

Summary

NORTH CAROLINA
Asset Type:Industrial
Transaction Type:Sale

The industrial property located at 10600 Nations Ford Road in Charlotte, NC has been sold in a transaction. The property spans across 3 acres and was sold for a total price of $2,575,000, resulting in a price per acre of $858,333. The buyers in this transaction were Catalyst Investment Partners, represented by Brandon Johnson. The sellers were Steve and William Brinker, who are affiliated with Landfill Group. The deal was facilitated by brokers Joseph Kassin and Steven Pollan from KSR.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,575,000
  • Address: 10600 Nations Ford Road, Charlotte, NC
  • Market: Charlotte, NC
  • Buyer: Brandon Johnson - Catalyst Investment Partners
  • Seller: Steve & William Brinker - Landfill Group
  • Brokers: Joseph Kassin & Steven Pollan - KSR
  • Acre: 3
  • Price per Acre: $858,333

The sale of the industrial property at 10600 Nations Ford Road involved Brandon Johnson from Catalyst Investment Partners as the buyer, and Steve and William Brinker from Landfill Group as the sellers. The transaction was facilitated by Joseph Kassin and Steven Pollan, who represent KSR. This deal highlights the successful collaboration between the buyers, sellers, and brokers in the industrial property market in Charlotte, NC.

Players

Joseph Kassin
14 deals$1.1B volume(718) 483-4993
BROKER

Steven Pollan
Kassin Sabbagh Realty
15 deals$1.2B volume
BROKER

Details

SOLD
IMAGE: Joseph Kassin, Brandon Johnson & Steven Pollan DATE: 01/19/2024 ADDRESS: 10600 Nations Ford Road MARKET: Charlotte, NC ASSET TYPE: Industrial BUYER: Brandon Johnson - Catalyst Investment Partners SELLER: Steve & William Brinker - Landfill Group BROKER: Joseph Kassin (@JoeKassin) & Steven Pollan (@TPChamp7) - KSR (@Kassin_Sabbagh_Realty) SALE PRICE: $2,575,000 ACRE: 3 ~ PPA: $858,333

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$137,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,148.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,206.81
Annual Debt Service$146,481.76