Updated Oct 29, 2024
Neiman Marcus Sells Irving Warehouse To Provident Realty Advisors
111 Customer Way, Irving, TX 75039
Building Size
491,308 SF
Asset Type
Industrial
Closing
Mar 31, 2021
About this deal
AI
Located at 111 Customer Way in Irving, this warehouse property was recently sold in a closed transaction. The property spans a total area of 491,308 square feet, making it a spacious and functional asset.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: Not specified
- Address: 111 Customer Way
- Market: Irving
The seller of this property was Neiman Marcus, a well-known retailer. On the other hand, the buyer was Provident Realty Advisors, representing their clients in this transaction.
Traded’s record for 111 Customer Way, Irving, TX 75039 in Irving, Texas covers a industrial sale from 2021. The building is 491,308 square feet, implying about 0 per square foot on the published price. This page is the Irving, Texas file for the 111 Customer Way, Irving, TX 75039 industrial sold: pricing, party profiles, and other closed industrial comps from the same Irving sit in the Market section below. Filter that Irving industrial set by closing date to see what else sold near 111 Customer Way, Irving, TX 75039 around 2021. Cite this Neiman Marcus Sells Irving Warehouse To Provident Realty Advisors sale when underwriting similar industrial product around Irving, Texas.
Players
Irving Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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