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2918 Agriculture Drive

BND Holdings Acquires Industrial Property In Madison, WI For $3.775M
SOLDIndustrial

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

Martin Segal

BND Holdings

Buyer

$154.7M

vol

14 deals

Buyer

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