Updated Dec 4, 2024
Longpoint Realty Partners Acquires 50,138 SF Industrial Building In Dallas Industrial Deal
11126 Shady Trail
Building Size
50,138 SF
Asset Type
Industrial
Closing
Oct 19, 2023
About this deal
AI
An industrial building located at 11126 Shady Trail in northwest Dallas has been sold in a transaction brokered by Lee & Associates. The property spans 50,138 square feet and sits on 2.8 acres of land. It features 12-foot clear heights, providing ample space for industrial operations. The transaction took place on October 19, 2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 11126 Shady Trail, Dallas
- Market: Dallas
- Size: 50,138 square feet
- Acreage: 2.8 acres
The buyer of the property is Longpoint Realty Partners, and they were represented by Dwight Y. Angelini. On the other hand, the seller is Vaquero Ventures Management, with W.A. Landreth acting as their representative. Stephen Williamson, a broker from Lee & Associates, played a crucial role in the transaction, representing Longpoint Realty Partners in the deal. The property's 12-foot clear heights and desirable location in northwest Dallas likely contributed to its appeal to the buyer.
Players
Grants Pass 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