Bulk-Pack Inc. Sells Industrial Building In Harlingen Texas Represented By Marcus & Millichap
25645 Fm 106
Building Size
105,000 SF
Asset Type
Industrial
Closing
Jan 29, 2025
AI
The transaction involved a sale-leaseback of an industrial building located at 25645 Farm to Market 106 in Harlingen, Texas. This property spans 105,000 square feet and is situated on 9.1 acres, featuring 10 dock-high doors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Asset Size: 105,000 SF
- Lot Size: 9.1 Acres
- Address: 25645 Farm to Market 106
- Market: Harlingen
- Brokers: Adam Abushagur, Davis Cagle, Ernesto Melgar Campos, and Tyler Ranft - Marcus & Millichap
- Represented: Bulk-Pack Inc.
- Investor: Undisclosed private investor
Marcus & Millichap facilitated the transaction, with Adam Abushagur, Ernesto Melgar Campos, Tyler Ranft, and Davis Cagle representing Bulk-Pack Inc. in the agreement with the undisclosed private investor.
Players
Harlingen 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