Updated Feb 4, 2025
RRA Capital Provides $5.92 Million Loan For Industrial Asset At 500 W Oakdale Rd Grand Prairie
500 W Oakdale Rd., 1100 Haltom Rd. & 4375 Glenbrook Rd.
$5,920,000
Building Size
—
Asset Type
Industrial
Closing
Dec 30, 2021
About this deal
AI
The asset involved in this transaction is an industrial property located at 500 W Oakdale Rd. in the Grand Prairie market. The loan amount for this property is $5,920,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,920,000.00
- Loan Date: 12/30/2021
- Lender: RRA Capital
- Brokers: James Currell
This transaction was facilitated by broker James Currell, representing the involved parties in the deal, ensuring the smooth processing of the loan through RRA Capital.
The industrial loan at 500 W Oakdale Rd. in Grand Prairie, Texas financed for $5.9M in 2021. 500 W Oakdale Rd. is classified as Industrial on Traded. This page is the Grand Prairie, Texas file for the 500 W Oakdale Rd. industrial financed: pricing, party profiles, and other closed industrial comps from the same Grand Prairie sit in the Market section below. Filter that Grand Prairie industrial set by closing date to see what else financed near 500 W Oakdale Rd. around 2021. Published consideration for 500 W Oakdale Rd. is $5.9M, dated 2021. Cite this RRA Capital Provides $5.92 Million Loan For Industrial Asset At 500 W Oakdale Rd Grand Prairie loan when underwriting similar industrial product around Grand Prairie, Texas.
On the Map
$5,920,000
Industrial
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Players
Grand Prairie Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.68%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93