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2935 Farm to Market Road 52...

Marcus & Millichap Brokers Brian Kelly, Brett Hatcher, Gabriel Coe, Jack Newman, & Tim Speck Facilitate Sale Of Industrial Property In Fresno
SOLDIndustrial

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

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

Brian Kelly

Marcus & Millichap

Broker

5 deals

Broker

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