Updated Oct 28, 2024
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
About this deal
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
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