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1525 W Frankford Rd, Carrol...

Cawley Partners Acquires Fully Leased Industrial Property In Carrollton
SOLDIndustrial

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

James Carpenter

Cushman & Wakefield

Broker

$373.6M

vol

19 deals

Broker
CP
Cawley PartnersBuyer

Texas 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