Updated May 12, 2025
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
About this deal
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.
On the Map
Industrial
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Players
Dallas 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