Updated Oct 28, 2024
Dalfen Industrial Acquires 408,308 SF Industrial Asset In Forney With Buyer's Rep Matt Dornak
11379 County Road 212, Forney, Texas 75126, United States
Building Size
408,308 SF
Asset Type
Industrial
Closing
Feb 20, 2022
About this deal
AI
The Forney Logistics Center, located at 11379 Country Road 212 in Forney, Texas, recently changed hands in a sale transaction. The industrial property spans 408,308 square feet and sits on a 4.85-acre lot. This transaction was completed on February 21, 2022.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Forney
- Address: 11379 Country Road 212, Forney, TX
- Size: 408,308 square feet
- Lot Size: 4.85 acres
Dalfen Industrial, represented by John Lettieri and Sean Dalfen, acquired the Forney Logistics Center. The purchase was facilitated by broker Matt Dornak from Stream Realty.
On the Map
Industrial
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Players
Forney 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