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3827 North McDonald Street,...

Updated Oct 28, 2024

Thor Equities Acquires Industrial Property In McKinney From Core5 Industrial Partners
SOLDIndustrial

Thor Equities Acquires Industrial Property In McKinney From Core5 Industrial Partners

3827 North McDonald Street, McKinney, TX 75071, USA

Building Size

431,628 SF

Asset Type

Industrial

Closing

Sep 27, 2021

About this deal

AI

A 431,628 square feet industrial property located at 3827 North McDonald St in McKinney has been sold. The transaction took place on September 27, 2021. The buyer of the property is Thor Equities, while the seller is Core5 Industrial Partners.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified

The deal was facilitated by the brokers Dustin Volz, Stephen Bailey, Dom Espinosa, Zach Riebe, and Pauli Kerr from JLL Capital Markets.

Traded’s record for 3827 North McDonald Street, McKinney, TX 75071, USA in McKinney, Texas covers a industrial sale from 2021. The building is 431,628 square feet, implying about 0 per square foot on the published price. Pauli Kerr, Zach Riebe, Stephen Bailey, Dustin Volz appear on the sale alongside Newmark, JLL. This page is the McKinney, Texas file for the 3827 North McDonald Street, McKinney, TX 75071, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same McKinney sit in the Market section below. Filter that McKinney industrial set by closing date to see what else sold near 3827 North McDonald Street, McKinney, TX 75071, USA around 2021. Cite this Thor Equities Acquires Industrial Property In McKinney From Core5 Industrial Partners sale when underwriting similar industrial product around McKinney, Texas.

Players

Stephen Bailey

Newmark

Broker

$323.3M

vol

48 deals

Broker
Thor Equities
Thor EquitiesBuyer

McKinney 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

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