Updated Oct 28, 2024
EQT Exeter Acquires Industrial Property In Leola, PA For $9.6M
34 Zimmerman Road, Leola, Pennsylvania 17540, United States
$9,600,000
$71/SF
Building Size
134,500 SF
Asset Type
Industrial
Closing
Jul 10, 2022
About this deal
AI
Jonathan Brody of Rosewood Realty Group represented the buyer, EQT Exeter, in the sale of an industrial property located at 34 Zimmerman Rd. in Leola, PA. The seller, William Kranse, agreed to the transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,600,000
- Date: 07/11/2022
- Address: 34 Zimmerman Rd.
- Market: Leola, PA
- Buyer: EQT Exeter
- Seller: William Kranse
- Broker: Jonathan Brody - Rosewood Realty Group
- Square Footage: 134,500 Gross SF
This transaction marks the successful sale of the industrial property, facilitated by Jonathan Brody of Rosewood Realty Group. The property, spanning 134,500 square feet, attracted the attention of EQT Exeter, who acquired it from seller William Kranse.
Players
Leola Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Jonathan Brody to view all their deals.
Browse Pennsylvania industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93