Marcus & Millichap Represents Sale Of Industrial Property In McKinney
113 Industrial Boulevard, McKinney, Texas 75069, United States
Building Size
43,273 SF
Asset Type
Industrial
Closing
Dec 31, 2021
AI
Adam Abushagur and Tyler Ranft of Marcus & Millichap recently facilitated the sale of an industrial property located at 113-115 Industrial Boulevard in McKinney. The transaction was completed on December 31, 2021. The property, spanning over 43,273 square feet, offers ample space for industrial use.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 113-115 Industrial Boulevard, McKinney
- Market: McKinney
- Asset Type: Industrial
- Square Footage: 43,273 SF
Adam Abushagur and Tyler Ranft, representing Marcus & Millichap, successfully brokered the deal for this industrial property. Their expertise and professionalism played a crucial role in facilitating this transaction.
Players
McKinney 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