facebook
Traded Co logo
Submit

MAG Capital Partners Acquires Industrial Property In Lubbock, TX

Property Image
SOLD

Texas

See Similar Deals
Industrial66 SF
Sold 11/18/2022
the dealplayerscompscontact
Property Image
SOLD

MAG Capital Partners Acquires Industrial Property In Lubbock, TX

1108 34th Street, Lubbock, Texas 79411, United States

See Similar Deals
Industrial66 SF
Sold 11/18/2022
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:66 SF
Transaction Type:Sale

Located in Lubbock, TX, a 66,680 square foot industrial property, situated at 1108 34th Street, 1107, 1109 & 1123 33rd Street, has recently been sold in a closed transaction. The property was sold on November 18, 2022, and the deal was brokered by Scott Briggs and David Read from Northmarq.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Buyer: MAG Capital Partners, LLC
  • Buyer's Representative: Dax T.S. Mitchell & Andrew Gi
  • Brokers: Scott Briggs & David Read - Northmarq

MAG Capital Partners, LLC, represented by Dax T.S. Mitchell & Andrew Gi, acquired this industrial property. The details regarding the sale price and loan amount have not been disclosed. However, the transaction was facilitated by Scott Briggs and David Read, both representing Northmarq.

Players

Scott Briggs
2 deals$93.5M volume
BROKER

BUYER

Details

SOLD
IMAGE: Scott Briggs DATE: 11/18/2022 ADDRESS: 1108 34th Street, 1107, 1109 & 1123 33rd Street MARKET: Lubbock, TX ASSET TYPE: Industrial ~ SF: 66,680 BUYER: MAG Capital Partners, LLC (@MagCapitalPartners) - Dax T.S. Mitchell (@Daxicans) & Andrew Gi BROKERS: Scott Briggs & David Read - Northmarq (@Northmarq)

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00