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11048 Shady Trail, Dallas, ...

Investor CI Growth 211 LLC Acquires 141,643 SF Industrial Property In Dallas & Grand Prairie
SOLDIndustrial

Investor CI Growth 211 LLC Acquires 141,643 SF Industrial Property In Dallas & Grand Prairie

11048 Shady Trail, Dallas, TX, USA

Building Size

141,643 SF

Asset Type

Industrial

Closing

Jul 2, 2020

AI

An industrial property located at 11048-11056 Shady Trail & 2125-2133 S. Great Southwest Parkway in Dallas & Grand Prairie has been sold. The property has a total square footage of 141,643 and was sold on July 2, 2021.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 11048-11056 Shady Trail & 2125-2133 S. Great Southwest Parkway
  • Market: Dallas & Grand Prairie
  • Square Footage: 141,643

The buyer of the property is Investor CI Growth 211 LLC. The deal was facilitated by brokers Josh Meraz and Shane Benner from Bradford Commercial Real Estate Services, along with Rich Young Jr. from Rich Young Cos.

Players

Josh Meraz

Bradford Commercial Real Estate Services

Broker

1 deal

Broker
CL
CI Growth 211 LLCBuyer

Dallas 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93