Updated Oct 29, 2024
Oncor Electric Acquires Industrial Property In Mansfield From Ryan Kohli
1403 Us 287 Frontage Road
Building Size
635,400 SF
Asset Type
Industrial
Closing
Feb 24, 2023
About this deal
AI
The industrial property located at 1403 Us 287 Frontage Road in Mansfield has been sold in a closed transaction. With a total square footage of 635,400, this industrial asset offers a significant space for various industrial activities.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1403 Us 287 Frontage Road
- Market: Mansfield
Oncor Electric purchased the property from Ryan Kohli. Cooper Eddy from CRE Land Group and Ryan Shoopes from Cushman represented the buyer, Oncor Electric, in this transaction. On the seller's side, Chris Janowski and Ken Reimer from Venture Land Group acted as the representatives for Ryan Kohli.
On the Map
Industrial
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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