Updated Dec 21, 2023
Realty Income Corp. Acquires Industrial Property In McKinney
3000 Redbud Blvd, McKinney, TX, USA
Building Size
697,149 SF
Asset Type
Industrial
Closing
Feb 23, 2021
About this deal
AI
A 697,149 square foot industrial property located at 3000 Redbud Blvd in McKinney has been sold. The transaction took place on February 24, 2021. The buyer of the property is Realty Income Corp., represented by Sumit Roy.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3000 Redbud Blvd
- Market: McKinney
Realty Income Corp., represented by Sumit Roy, acquired the 697,149 square foot industrial property located at 3000 Redbud Blvd in McKinney. Additional details about the transaction, such as the sale price, loan amount, and other parties involved, have not been provided.
Players
McKinney Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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