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Bendetti Acquires Two Fully Leased Industrial Properties In Arlington From CanTex Capital
SOLD
Texas
See Similar DealsIndustrial114,390 SF
Sold 12/09/2024
SOLD
Bendetti Acquires Two Fully Leased Industrial Properties In Arlington From CanTex Capital
1114 West Harris Road
See Similar DealsIndustrial114,390 SF
Sold 12/09/2024
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:114,390 SF
Transaction Type:Sale
The transaction involved two fully leased industrial properties located at 1173 109th Street and 1114-1118 West Harris Road in Arlington. These properties have a total square footage of 114,390, comprising 35,000 square feet at the first address and 79,390 square feet across two buildings at the second address, which additionally includes 1,400 square feet of office space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1173 109th Street & 1114-1118 West Harris Road
- Market: Arlington
- Buyer: Robert D. Bendetti & Aaron Weaver
- Seller: Romit Cheema
- Seller's Agency: CanTex Capital
- Broker: Stephen Bailey
- Broker's Agency: Newmark
Robert D. Bendetti and Aaron Weaver, acting under the entity Bendetti, acquired the properties from Romit Cheema, who represented CanTex Capital as the seller. Stephen Bailey from Newmark represented the seller in this off-market deal.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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