SOLDIndustrial
Ryan Miller And Carter Dunlap Of RAM Capital Texas Acquire Industrial Property In Dallas
11550 Plano Road
Building Size
50,000 SF
Asset Type
Industrial
Closing
May 8, 2025
AI
A 50,000-square-foot industrial property located at 11550 Plano Road in northeast Dallas has been sold. The asset comprises two buildings and is situated in a prominent market area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 11550 Plano Road
- Market: Dallas
- Buyer: Ryan Miller & Carter Dunlap - RAM Capital Texas
- Broker: Taylor Stell - Lee & Associates
Taylor Stell from Lee & Associates represented the undisclosed seller and played a crucial role in securing the buyer, RAM Capital Texas, for the transaction.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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