BND Holdings Acquires Industrial Property In Chesapeake, VA For $10M
SOLD
$10,000,000
Virginia
See Similar DealsIndustrial126,101 SF
Sold
SOLD
BND Holdings Acquires Industrial Property In Chesapeake, VA For $10M
3800 Cook Blvd Chesapeake, VA 23323, USA
See Similar DealsIndustrial126,101 SF
Sold
Summary
VIRGINIA
Asset Type:Industrial
Price Per Square Foot:$79
Total Square Footage:126,101 SF
Transaction Type:Sale
The industrial property located at 3800 Cook Boulevard in Chesapeake, VA has been sold for a total price of $10,000,000. The property spans 126,101 square feet, resulting in a price per square foot of $79.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,000,000
- Address: 3800 Cook Boulevard, Chesapeake, VA
- Market: Chesapeake, VA
The buyer of the property is BND Holdings, with Martin Segal, Rebecca Weinerman, and Rob Logan representing the company.
Note: No additional information regarding this transaction was provided.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$533,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22
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