Capital Real Estate Group Acquires Industrial Asset In Irving From Clay Cooley With Brokers David Guinn And Philip Cherrick
1700 East Airport Freeway
Building Size
2,100 SF
Asset Type
Industrial
Closing
Jun 5, 2025
AI
The property asset involved in the transaction is an industrial asset located at 1700 East Airport Freeway in Irving. It comprises a total square footage of 2,100 and sits on an area of 1.6 acres that is paved for Industrial Outside Storage (IOS).
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 2,100
- Address: 1700 East Airport Freeway
- Market: Irving
- Buyer: Capital Real Estate Group
- Seller: Clay Cooley
- Buyer's Representative: Philip Cherrick - Davidson Bogel Real Estate
- Seller's Representative: David Guinn - Davidson Bogel Real Estate
- Broker: Troup Rolland - Capital Real Estate Commercial
- Land Area: 1.6 AC Paved IOS
This transaction was facilitated in Jackson Hole, Wyoming, highlighting the collaborative efforts of the representing brokers in executing the deal.
Players
Irving 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