United Pacific Industries Acquires Industrial Property In McKinney From Core5 Industrial Properties
3827 N McDonald St McKinney, TX 75071, USA
Building Size
279,180 SF
Asset Type
Industrial
Closing
May 1, 2023
AI
The industrial property located at 3827 North McDonald Street in McKinney has been sold. The property spans a total of 279,180 square feet and sits on 16 acres. The transaction took place on 05/01/2023.
Summary of transaction details
- Property Type: Industrial
- Square Footage: 279,180
- Acres: 16
The buyer in this transaction is United Pacific Industries (UPI), while the seller is Core5 Industrial Properties.
Dan Spika from Henry S. Miller Companies represented the buyer, United Pacific Industries, as their broker in the deal. On the other hand, the seller, Core5 Industrial Properties, was represented by Scott Jessen & Andy Goldston from Citadel Partners.
Players
Texas 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