CKD USA Corporation Acquires Industrial Property In Austin For 50,000 SF
4401 Supply Court, Austin, TX, USA
Building Size
50,000 SF
Asset Type
Industrial
Closing
Nov 16, 2020
AI
The property asset involved in this transaction is an industrial asset located at 4401 Supply Court in the Austin market, encompassing a total square footage of 50,000. The transaction occurred on November 17, 2020.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 4401 Supply Court
- Market: Austin
- Square Footage: 50,000
- Buyer: CKD USA Corporation
- Seller's Representative: Joe Novek & Darryl Dadon - CBRE
- Buyer's Representative: Troy Martin - NAI Partners
The transaction involves key industry players, with Joe Novek and Darryl Dadon representing the seller through CBRE, while Troy Martin represented the buyer, CKD USA Corporation, through NAI Partners.
Players
Austin 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