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
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