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.
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