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1260 Brukner Drive

Updated Dec 4, 2024

Moxie Equities Acquires Industrial Building In Troy, OH For $10.7M
SOLDIndustrial

Moxie Equities Acquires Industrial Building In Troy, OH For $10.7M

1260 Brukner Drive

$10,700,000

$53/SF

Building Size

200,000 SF

Asset Type

Industrial

Closing

Sep 11, 2023

About this deal

AI

An industrial building located at 1260 Brukner Drive in Troy, Ohio, has been sold for a price of $10.7 million. The property spans over 200,000 square feet and was acquired by Moxie Equities, a commercial real estate investment firm based in New Jersey.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $10,700,000
  • Address: 1260 Brukner Drive, Troy, OH
  • Market: Troy, OH
  • Buyer: David. Y Richt - Moxie Equities
  • Square Footage: 200,000
  • Price per Square Foot: $54

Moxie Equities, known for its expertise in commercial real estate investments, successfully completed the acquisition of this industrial building. This strategic move expands their portfolio and strengthens their presence in the Ohio market. With this purchase, Moxie Equities aims to leverage the property's location and capitalize on the growing demand for industrial spaces in Troy, Ohio.

Players

Troy Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $53 per square foot on a published $10.7M for 200,000 square feet (2023).

Browse Troy industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.48%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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