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1000 Kirkley Drive, Belton,...

Belton Industrial Property Sold On Kirkley Drive By Ryan McCullough, Tyler Jaynes, Connor Watson & Patrick Hill Of NAI Partners
SOLDIndustrial

Belton Industrial Property Sold On Kirkley Drive By Ryan McCullough, Tyler Jaynes, Connor Watson & Patrick Hill Of NAI Partners

1000 Kirkley Drive, Belton, TX, USA

Building Size

62,375 SF

Asset Type

Industrial

Closing

Jan 4, 2021

AI

An industrial property located at 1000 Kirkley Drive in Belton has been sold. The transaction took place on January 5, 2021, and was facilitated by Ryan McCullough, Tyler Jaynes, Connor Watson, and Patrick Hill from NAI Partners. The property spans a total of 62,375 square feet and sits on 5.21 acres.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 1000 Kirkley Drive
  • Market: Belton
  • Square Footage: 62,375
  • Acres: 5.21

Ryan McCullough, Tyler Jaynes, Connor Watson, and Patrick Hill, all representing NAI Partners, acted as the brokers in this transaction. They played a crucial role in facilitating the sale of the industrial property located in Belton.

Players

Ryan McCullough

Partners Real Estate

Broker

6 deals

Broker

Belton 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93