B&D Holdings Acquires Industrial Property In La Vergne, TN For $7M
126 International Boulevard
$7,000,000
$129/SF
Building Size
54,000 SF
Asset Type
Industrial
Closing
Nov 3, 2022
AI
Located at 126 International Boulevard in La Vergne, TN, an industrial property has recently been sold. The property spans 54,000 square feet and was acquired by B&D Holdings on November 3rd, 2022. The sale price for this single tenant industrial property with outside storage was $7,000,000, resulting in a price per square foot of $130.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Size: 54,000 square feet
- Buyer: B&D Holdings - Rebecca Weinerman, Martin Segal & Robert Logan
- Seller: Hood Industries
- Brokers: Kevin Irwin & Robert Stout - Charles Hawkins
B&D Holdings, represented by Rebecca Weinerman, Martin Segal, and Robert Logan, specializes in acquiring single tenant industrial properties with outside storage. The seller, Hood Industries, completed the transaction with the assistance of brokers Kevin Irwin and Robert Stout from Charles Hawkins agency.
Players
La Vergne Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93