SOLDIndustrial
Partners Real Estate Arranges Sale Of 37.5K SF Industrial Property In Laredo, Texas
14610 Atlanta Dr Laredo, TX 78045, USA
Building Size
37,500 SF
Asset Type
Industrial
Closing
Jun 6, 2023
AI
A 37,500-square-foot industrial property located at 14610 Atlanta Drive in Laredo, Texas has been sold. The property is situated on a 2.5-acre site and features 24-foot clear heights. The sales price and buyer's identity were not disclosed.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Market: Laredo
- Address: 14610 Atlanta Drive
- Square Footage: 37,500
Gustavo Torres of Partners Real Estate represented the parties involved in this sale.
Players
Texas 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