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13840 Denton Drive, Farmers...

Woodhill Investment Co. Acquires Industrial/Warehouse In Farmers Branch For Sale
SOLDIndustrial

Woodhill Investment Co. Acquires Industrial/Warehouse In Farmers Branch For Sale

13840 Denton Drive, Farmers Branch, TX, USA

Building Size

24,924 SF

Asset Type

Industrial

Closing

Jun 10, 2020

AI

Woodhill Investment Co. has acquired an industrial/warehouse property located at 13840 Denton Drive in Farmers Branch. The transaction was completed on June 10, 2021, with a total area of 24,924 square feet. The property was sold by H&B Development & Construction. Jason Tangen and Barrett Gibson from Colliers represented the seller, while Jake Dreyer from KW Commercial represented the buyer.

Summary of transaction details

  • Property Type: Industrial/Warehouse
  • Transaction Amount: Not available
  • Address: 13840 Denton Drive
  • Market: Farmers Branch
  • Square Footage: 24,924

The deal was facilitated by Jason Tangen and Barrett Gibson from Colliers, who represented H&B Development & Construction, the seller. On the buyer's side, Jake Dreyer from KW Commercial acted as the representative for Woodhill Investment Co. The transaction marks an important milestone in the industrial/warehouse market in Farmers Branch.

Players

Barrett Gibson

Colliers

Broker

8 deals

Broker
HC
H&B Development & ConstructionSeller

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