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6086 West Ten Road, Mebane,...

Updated Oct 28, 2024

Thermo Fisher Scientific Acquires Industrial Property In Mebane, NC For $41M
SOLDIndustrial

Thermo Fisher Scientific Acquires Industrial Property In Mebane, NC For $41M

6086 West Ten Road, Mebane, North Carolina 27302, United States

$41,000,000

$109/SF

Building Size

375,000 SF

Asset Type

Industrial

Closing

Oct 12, 2022

About this deal

AI

The industrial property located at 6086 West Ten Road in Mebane, NC has been sold in a transaction that took place on October 13, 2022. The property spans across 26 acres, offering a substantial amount of space for industrial activities. With a total of 375,000 square feet, this property provides ample room for various operations. The sale price for this transaction was $41,000,000, resulting in a price per square foot of $109.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $41,000,000
  • Address: 6086 West Ten Road, Mebane, NC
  • Market: Mebane, NC
  • Acreage: 26 acres
  • Square Feet: 375,000
  • Price per Square Foot: $109

Thermo Fisher Scientific has emerged as the buyer in this transaction, acquiring the industrial property. On the other side, Al. Neyer acted as the seller of the property. This deal highlights the significant involvement and interest of these respective entities in the industrial real estate sector.

Players

Mebane Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $109 per square foot on a published $41M for 375,000 square feet (2022).

Browse North Carolina industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.39%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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