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135 Maddox Road

Updated Dec 4, 2024

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

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

135 Maddox Road

$7,325,000

$144/SF

Building Size

50,590 SF

Asset Type

Industrial

Closing

Dec 29, 2023

About this deal

AI

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].

On the Map

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$7,325,000

$144/SF

Industrial

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Players

Bunny Escava

Kassin Sabbagh Realty

Broker

$1.2B

vol

46 deals

Broker

Mount Juliet Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $144 per square foot on a published $7.3M for 50,590 square feet (2023).

Visit Charles Fteha to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.17%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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