Investment Catalysts LLC Acquires 76-Acre Industrial Development Site In Grayson County
Building Size
—
Asset Type
Development Site
Closing
Apr 15, 2024
AI
The sale involved a 76-acre industrial development site located near Texas Instruments’ semiconductor manufacturing plant in Sherman, Grayson County. Younger Partners, a Dallas-based brokerage firm, facilitated this transaction. The property was sold by a family estate, with the buyer being a local entity operating as Investment Catalysts LLC.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: FM 1417
- Market: Grayson County
- Brokers: Davis Willoughby, John St. Clair & Tyler Hemenway - Young Partners
The sale of the 76-acre industrial development site near the semiconductor manufacturing plant in Grayson County was facilitated by Younger Partners. Representing the sellers were John St. Clair, Davis Willoughby, and Tyler Hemenway of Younger Partners, while the buyers were represented by Investment Catalysts LLC, a local entity.
Players
Market Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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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