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1112 Fm 517

Joseph Pawlikowski Purchases Industrial Asset In Alvin Texas From Willis Lucas With Broker Representation
SOLDIndustrial

Joseph Pawlikowski Purchases Industrial Asset In Alvin Texas From Willis Lucas With Broker Representation

1112 Fm 517

Building Size

16,500 SF

Asset Type

Industrial

Closing

Jun 8, 2025

AI

The property asset involved in this transaction is an industrial facility located at 1112 FM 517 RD in Alvin, Texas, with a total square footage of 16,500. The transaction, representing a sale, was finalized on June 9, 2025.

Summary of transaction details:

This transaction highlights the involvement of key representatives in the deal, with Michael Keegan and Andrew Laycock representing the buyer, Joseph Pawlikowski, while the seller, Willis Lucas, was represented by Brandon Alexander Wuntch and Drew Altmann.

Players

Michael Keegan

Partners Real Estate

Broker

10 deals

Broker
Cresa
CresaBrokerage

Dickinson 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