Updated Dec 21, 2023
Corinth Land Co. & Prattco Creekway Industrial Sell Industrial Property In Dallas
11895 Forestgate Drive, Dallas, TX, USA
Building Size
570,000 SF
Asset Type
Industrial
Closing
Oct 8, 2021
About this deal
AI
An industrial property located at 11969 – 11999 Plano Road & 11805 – 11895 Forestgate Drive in Dallas has been sold. The property spans approximately 570,000 square feet and belongs to the asset type of Industrial. The sale transaction took place on October 8, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
The sellers involved in the transaction are Corinth Land Co., represented by Paun A. Peters, and Prattco Creekway Industrial, represented by Chad Lunsford.
Traded’s record for 11895 Forestgate Drive, Dallas, TX, USA in Dallas, Texas covers a industrial sale from 2021. The building is 570,000 square feet, implying about 0 per square foot on the published price. This page is the Dallas, Texas file for the 11895 Forestgate Drive, Dallas, TX, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Dallas sit in the Market section below. Filter that Dallas industrial set by closing date to see what else sold near 11895 Forestgate Drive, Dallas, TX, USA around 2021. Cite this Corinth Land Co. & Prattco Creekway Industrial Sell Industrial Property In Dallas sale when underwriting similar industrial product around Dallas, Texas.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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