Marcus & Millichap Brokers Brian Kelly, Brett Hatcher, Gabriel Coe, Jack Newman, & Tim Speck Facilitate Sale Of Industrial Property In Fresno
2935 Farm to Market Road 521, Fresno, TX, USA
Building Size
104,800 SF
Asset Type
Industrial
Closing
Jan 19, 2021
AI
Located at 2935 FM 521 Road in Fresno, this industrial property was recently sold on January 20, 2021. The property is situated in the Fresno market and offers various features and amenities suitable for industrial purposes.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Brokers: Brian Kelly, Brett Hatcher, Gabriel Coe, Jack Newman, & Tim Speck - Marcus & Millichap
The team from Marcus & Millichap, led by Brian Kelly, Brett Hatcher, Gabriel Coe, Jack Newman, and Tim Speck, played a crucial role in facilitating the sale of this industrial property.
Players
Fresno 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