Updated Oct 28, 2024
Zions Bank Provides $6.12M Refinance Loan For Industrial Property In Las Vegas
3135 Marco Street
$6,120,000
$122/SF
Building Size
49,844 SF
Asset Type
Industrial
Closing
Aug 19, 2022
About this deal
AI
The industrial property located at 3135 Marco St. in Las Vegas, NV has been involved in a closed transaction. With a total area of 49,844 square feet, this property is classified as an Industrial asset. The transaction took place on 08/19/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 08/19/2022
- Address: 3135 Marco St., Las Vegas, NV
- Market: Las Vegas, NV
- Square Footage: 49,844
The loan for this transaction was provided by Zions Bank in the amount of $6,120,000. It was a refinance loan.
The key individuals involved in this deal are Stefen Chraghchian and Sharone Sabar, who represented the parties involved as brokers from Marcus & Millichap.
For further information on the full deal story, please contact Stefen Chraghchian at 818-319-5749 or [email protected].
Players
Huron Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.59%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93