Updated Oct 29, 2024
Corinth Land Company Acquires Industrial Property In Euless For 52,692 SF On 3.3 Acres
11224 South Pipeline Road
Building Size
52,692 SF
Asset Type
Industrial
Closing
Jan 24, 2023
About this deal
AI
Three industrial properties located at 11224 S. Pipeline Road, 3620 Liston Lane, and 3628 Liston Lane in Euless have recently been sold. The total square footage of these properties is 52,692, and they sit on a combined area of 3.3 acres. The transaction took place on January 24, 2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Euless
- Address: 11224 S. Pipeline Road, 3620 Liston Lane, and 3628 Liston Lane
- Square Footage: 52,692
- Acres: 3.3
The buyer of these properties is Corinth Land Company, represented by Paun Peters. The transaction was facilitated by Daniel Peters and Brooks Trisler, brokers from i-Lead® Realty Group, affiliated with eXp Realty.
On the Map
Industrial
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Players
Euless 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