Inland Private Capital Corporation Sells Eight Walgreens Properties In Arkansas, Michigan, Missouri & Tennessee For $37M
Tennessee, United States
$37,000,000
Building Size
—
Asset Type
—
Closing
Jan 6, 2022
About this deal
AI
A portfolio of eight Walgreens properties located in Arkansas, Michigan, Missouri, and Tennessee has been sold in a retail transaction. The properties were sold by Inland Private Capital Corporation for a total price of $37,000,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $37,000,000
- Address: Eight Walgreens Properties
- Market: Arkansas, Michigan, Missouri & Tennessee
Inland Private Capital Corporation acted as the seller in the transaction.
The commercial sale at Tennessee, United States in Murfreesboro, Tennessee sold for $37M in 2022. Naphtali Marrus, Benjamin (Ben) Nevid, Drew Anderman, Meridian Capital Group appear on the sale alongside Meridian Capital Group. This page is the Murfreesboro, Tennessee file for the Tennessee, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Murfreesboro sit in the Market section below. Filter that Murfreesboro commercial set by closing date to see what else sold near Tennessee, United States around 2022. Published consideration for Tennessee, United States is $37M, dated 2022. Cite this Inland Private Capital Corporation Sells Eight Walgreens Properties In Arkansas, Michigan, Missouri & Tennessee For $37M sale when underwriting similar commercial product around Murfreesboro, Tennessee.
Players
Murfreesboro CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93