SOLDIndustrial
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
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.
Players
Burleson Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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