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126 International Boulevard

B&D Holdings Acquires Industrial Property In La Vergne, TN For $7M
SOLDIndustrial

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

Kevin Irwin

Charles Hawkins

Broker

$7M

vol

1 deal

Broker
Martin Segal

Martin Segal

B&D Holdings

Buyer

$154.7M

vol

14 deals

Buyer
B&D Holdings
B&D HoldingsBuyer

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