Updated Dec 21, 2023
Colliers International Brokers Sale Of 60,500 SF Industrial Property In Burleson
4305 Farm to Market Road 1187, Burleson, TX, USA
Building Size
60,500 SF
Asset Type
Industrial
Closing
Sep 14, 2021
About this deal
AI
An industrial property located at 4305 E FM 1187 Ste 100 in Burleson has been sold. The property, measuring 60,500 square feet, was sold on September 14, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not available
The deal was facilitated by Cody Payne, Austin Edelmon, and Michael Tran from Colliers International.
Traded’s record for 4305 Farm to Market Road 1187, Burleson, TX, USA in Burleson, Texas covers a industrial sale from 2021. The building is 60,500 square feet, implying about 0 per square foot on the published price. Michael Tran, Austin Edelmon, Cody Payne, Colliers appear on the sale alongside Colliers. This page is the Burleson, Texas file for the 4305 Farm to Market Road 1187, Burleson, TX, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Burleson sit in the Market section below. Filter that Burleson industrial set by closing date to see what else sold near 4305 Farm to Market Road 1187, Burleson, TX, USA around 2021. Cite this Colliers International Brokers Sale Of 60,500 SF Industrial Property In Burleson sale when underwriting similar industrial product around Burleson, Texas.
Players
Burleson 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