facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

11100 Plano Road, Dallas, T...

MAG Capital Partners Sells Industrial Property In Dallas, Lubbock & San Antonio To Dax Mitchell Of Stream Capital Partners
SOLDIndustrial

MAG Capital Partners Sells Industrial Property In Dallas, Lubbock & San Antonio To Dax Mitchell Of Stream Capital Partners

11100 Plano Road, Dallas, Texas 75238, United States

Building Size

320,852 SF

Asset Type

Industrial

Closing

Jan 26, 2022

AI

Mag Capital Partners has recently sold an industrial property located at 11100 Plano Road, 1919 Ave. E & 3101 Aniol St. in the markets of Dallas, Lubbock, and San Antonio. The property spans a total area of 320,852 square feet and sits on 20 acres. The transaction took place on January 27, 2022, with Stream Capital Partners serving as the broker for the seller.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 11100 Plano Road, 1919 Ave. E & 3101 Aniol St.
  • Market: Dallas, Lubbock & San Antonio
  • Square Footage: 320,852
  • Acres: 20

Dax Mitchell, representing MAG Capital Partners, facilitated the sale of the industrial property. This successful transaction highlights the involvement of key individuals and companies in the deal, including the seller, MAG Capital Partners, and the broker, Stream Capital Partners.

Players

Dax Mitchell

MAG Capital Partners

Seller

$1.1M

vol

3 deals

Seller

Dallas Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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