BND Holdings Acquires Industrial Property In Madison, WI For $3.775M
2918 Agriculture Drive
$3,775,000
$82/SF
Building Size
46,000 SF
Asset Type
Industrial
Closing
Dec 18, 2023
AI
Located at 2918 Agriculture Drive in Madison, WI, this industrial property was recently sold for $3,775,000. Spanning across 46,000 square feet, the property was purchased at an average price of $82 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $3,775,000
- Square Footage: 46,000
- Price per Square Foot: $82
- Address: 2918 Agriculture Drive, Madison, WI
- Market: Madison, WI
The buyers of this property are Martin Segal, Rebecca Weinerman, and Rob Logan, represented by BND Holdings. The seller in this transaction was Wayne Watters.
Players
Madison 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
4.20%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93