CUI Properties Acquires Industrial Property In Carrollton, TX With Lee & Associates
1235 West Trinity Mills Road
Building Size
150,268 SF
Asset Type
Industrial
Closing
May 24, 2024
AI
An industrial property spanning 150,268 square feet situated on a 12.4-acre parcel was recently sold in Carrollton, Texas. The property is located at 1235 West Trinity Mills Road in Carrollton.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Carrollton
- Buyer: CUI Properties
- Seller: Local LLC
- Brokers: Adam Graham, Chris Beggins & Corbin Blount - Lee & Associates
The sale of the industrial property was facilitated by brokers Adam Graham, Chris Beggins, and Corbin Blount from Lee & Associates. Corbin Blount represented the seller, a local LLC, while Adam Graham and Chris Beggins represented the buyer, CUI Properties — TX.
Players
Carrollton 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