P4 Holdings Acquires Industrial Building In Dallas Design District
155 Cole Street
Building Size
—
Asset Type
Industrial
Closing
May 17, 2024
AI
An industrial building spanning 13,500 square feet, situated at 155-165 Cole Street in Dallas, was recently sold in the Dallas Design District. The specific sales price and seller information for this transaction have not been disclosed.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 155-165 Cole Street
- Market: Dallas
The sale of the industrial building was facilitated by Partners Real Estate. P4 Holdings acted as the buyer in this transaction and was represented by Hanes Chatham Jr. and Graham Dressel of Partners Real Estate. Graham Dressel and Hanes Chatham served as Partners Real Estate's brokers in the deal.
Players
Dallas 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