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Everwest & Sagard Real Estate Acquires Industrial Property In Mount Juliet, TN For $7.3M

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SOLD
$7,325,000

Tennessee

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Industrial50,590 SF
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Everwest & Sagard Real Estate Acquires Industrial Property In Mount Juliet, TN For $7.3M

135 Maddox Road

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Industrial50,590 SF
Sold
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Summary

TENNESSEE
Asset Type:Industrial
Price Per Square Foot:$144
Total Square Footage:50590 SF
Transaction Type:Sale

This industrial property located at 135 Maddox Road in Mount Juliet, TN has been sold in a closed transaction. The property spans over 50,590 square feet and sits on 7.6 acres. The sale price for this transaction amounted to $7,325,000, resulting in a price per square foot of $145.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: $7,325,000
  • Square Footage: 50,590
  • Address: 135 Maddox Road
  • Market: Mount Juliet, TN

The buyer in this transaction is Everwest & Sagard Real Estate, while the sellers are David A. Bockian and Michael Dodson. The brokers involved in facilitating this deal are David Warren, Charles Fteha, and Bunny Escava from KSR. It is worth noting that this IOS/Truck Terminal was sold off-market and closed swiftly within just 2 weeks after signing. For similar transactions, you can reach out to David Warren at [email protected] and Charles Fteha at [email protected].

Players

Bunny Escava
41 deals$1.1B volume(917) 886-7545
BROKER

David Warren
Kassin Sabbagh Realty
23 deals$273.5M volume
BROKER

Charles Fteha
Kassin Sabbagh Realty
2 deals$10.1M volume
BROKER

Details

SOLD
IMAGE: David Warren & Charles Fteha DATE: 12/29/2023 ADDRESS: 135 Maddox Road MARKET: Mount Juliet, TN ASSET TYPE: Industrial BUYER: Everwest & Sagard Real Estate SELLER: David A. Bockian & Michael Dodson BROKERS: David Warren (@DavidWarren1), Charles Fteha (@CharlesFteha) & Bunny Escava (@Bunnnyyy) - KSR (@Kassin_Sabbagh_Realty) SALE PRICE: $7,325,000 SF: 50,590 ~ PPSF: $145 ACRES: 7.6 NOTE FROM BROKER: This IOS/Truck Terminal was sold off the market and closed within 2 weeks from signing. Please contact David Warren and Charles Fteha for any similar transactions. [email protected] (@davidwarren1) [email protected] (@charlesfteha)

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$26,024.17
Cash-on-Cash Return-1.27%
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