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
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