SOLDIndustrial
Marcus & Millichap Brokers Facilitate Sale Of 41,125 SF Industrial Property In Midland
11002 W County Rd 77, Midland, TX, USA
Building Size
41,125 SF
Asset Type
Industrial
Closing
Nov 23, 2021
AI
An industrial property located at 11002 W County Rd 77 in Midland has been sold. The property spans a total of 41,125 square feet and was part of a recent transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 11002 W County Rd 77, Midland
- Market: Midland
- Square Footage: 41,125 SF
The deal was facilitated by Adam Abushagur, Austin Diamond, and Davis Cagle from Marcus & Millichap. They represented the parties involved in the transaction.
Players
Midland Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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