Cawley Partners Acquires Fully Leased Industrial Property In Carrollton
1525 W Frankford Rd, Carrollton, TX 75007
Building Size
187,424 SF
Asset Type
Industrial
Closing
Jul 11, 2023
AI
Cawley Partners has purchased the fully leased CP Frankford Trade Center in Carrollton. The industrial property, located at 1525 West Frankford Road, spans a total of 187,424 square feet. The asset, situated in the Carrollton market, has been acquired by Cawley Partners from an undisclosed seller. The property is currently occupied by cosmetics provider Mary Kay.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1525 West Frankford Road
- Market: Carrollton
- Square Footage: 187,424
Leading the transaction on behalf of Cawley Partners were brokers from Cushman & Wakefield, including Jim Carpenter, Jud Clements, Robby Rieke, Taylor Starnes, Madeleine Supplee, and Trevor Berry.
Players
Texas Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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