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10841 Pellicano Drive

Updated Dec 4, 2024

BND Holdings Acquires Industrial Property From Pepsi In El Paso For $4.65M
SOLDIndustrial

BND Holdings Acquires Industrial Property From Pepsi In El Paso For $4.65M

10841 Pellicano Drive

$4,650,000

$100/SF

Building Size

46,400 SF

Asset Type

Industrial

Closing

Jul 17, 2024

About this deal

AI

The property asset involved in this transaction is located at 10841 Pellicano Drive in El Paso. It is classified as an industrial asset, consisting of 46,400 square feet. The sale price for the transaction was $4,650,000, which translates to a price per square foot of $100.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,650,000
  • Buyer: Martin Segal, Rob Logan & Danny Harrison - BND Holdings
  • Seller: Pepsi
  • Brokers: Rebecca Rojas & Jacob Quinn - CBRE
  • Square Footage: 46,400
  • Price per Square Foot: $100
  • Date of Sale: 7/17/2024

The key individuals involved in the transaction include Martin Segal, Rob Logan, and Danny Harrison, who represented BND Holdings as the buyers of the property. The brokers for this transaction were Rebecca Rojas and Jacob Quinn from CBRE. The property was acquired vacant and is currently being marketed for lease. Interested parties are encouraged to reach out to Danny Harrison via email at [email protected]. BND Holdings is actively acquiring industrial properties nationwide.

Players

Rebecca Rojas

CBRE

Broker

$4.7M

vol

2 deals

Broker

El Paso Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $100 per square foot on a published $4.7M for 46,400 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.41%

Cash-on-Cash

-0.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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