Updated Oct 29, 2024
Edgewater Ventures Sells Industrial Property In Huntersville, NC For $32M
13359 Reese Boulevard, Huntersville, North Carolina 28078, United States
$32,000,000
$201,257/SF
Building Size
159 SF
Asset Type
Industrial
Closing
Dec 20, 2022
About this deal
AI
An industrial property located at 13359 Reese Blvd East in Huntersville, NC has been sold for $32,000,000. The property spans 159,492 square feet, resulting in a price per square foot of $201. The sale was facilitated by Rob Cochran, Nolan Ashton, Bill Harrison, and Josh McGee from Cushman & Wakefield, representing the seller Edgewater Ventures.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $32,000,000
- Address: 13359 Reese Blvd East, Huntersville, NC
- Square Footage: 159,492
- Price per Square Foot: $201
- Seller: Edgewater Ventures
- Broker: Rob Cochran, Nolan Ashton, Bill Harrison & Josh McGee - Cushman & Wakefield
The industrial property sale at 13359 Reese Blvd East in Huntersville, NC was successfully facilitated by the Cushman & Wakefield team, composed of Rob Cochran, Nolan Ashton, Bill Harrison, and Josh McGee. The deal resulted in a sales price of $32,000,000 for the 159,492 square foot property, with a price per square foot of $201. Edgewater Ventures served as the seller in the transaction.
Players
Huntersville Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Bill Harrison to view all their deals.
Browse North Carolina industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93