Bryan Meyer And Jennifer Pierson Of STRIVE Broker Sale Of Industrial Property In Wylie
1141 Bozman Road
Building Size
23,900 SF
Asset Type
Industrial
Closing
May 21, 2025
AI
The transaction involved the sale of a 23,900-square-foot warehouse located at 1141 Bozman Road in Wylie. This industrial asset consists of four buildings that were completed between 2022 and 2024, highlighting its recent construction and modern features.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1141 Bozman Road
- Market: Wylie
- Square Footage: 23,900
Both the buyer and seller were represented by Bryan Meyer and Jennifer Pierson of STRIVE, with both parties being California-based investors who chose to remain anonymous throughout the transaction.
Players
Wylie 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