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17801 Interstate 35w, North...

Updated Dec 4, 2024

KKR Acquires Industrial Property In Northlake From Hillwood
SOLDIndustrial

KKR Acquires Industrial Property In Northlake From Hillwood

17801 Interstate 35w, Northlake, Texas 76262, United States

Building Size

911,654 SF

Asset Type

Industrial

Closing

Mar 29, 2022

About this deal

AI

An industrial property located at 17801 I-35W Frontage Road, 4000 Dale Earnhardt Way, and 4100 Dale Earnhardt Way in Northlake has been sold. The property spans 911,654 square feet and was sold by Hillwood.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Market: Northlake
  • Address: 17801 I-35W Frontage Road, 4000 Dale Earnhardt Way & 4100 Dale Earnhardt Way
  • Size: 911,654 square feet

The buyer in this transaction is KKR, represented by Joseph Bae. The brokerage services for this deal were provided by JLL.

Players

Joseph Bae

KKR

Buyer

$2.6B

vol

15 deals

Buyer
H
HillwoodSeller

Roanoke 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

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