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19205 Lyndon B Johnson Fwy ...

Lovett Industrial Acquires 14 Acres Of Industrial Land In Dallas/Fort Worth From Betty Bowie
SOLDIndustrial

Lovett Industrial Acquires 14 Acres Of Industrial Land In Dallas/Fort Worth From Betty Bowie

19205 Lyndon B Johnson Fwy Mesquite, TX 75150, USA

Building Size

Asset Type

Industrial

Closing

Apr 28, 2023

AI

Lovett Industrial has acquired a 14-acre industrial land located at 19205 Lyndon B Johnson Freeway in Dallas/Fort Worth. The property was sold by Betty Bowie. The transaction took place on 04/28/2023.

Summary of transaction details

  • Property Type: Industrial Land
  • Transaction Amount: Not specified
  • Address: 19205 Lyndon B Johnson Freeway
  • Market: Dallas/Fort Worth
  • Buyer: Lovett Industrial
  • Seller: Betty Bowie
  • Buyer's Representative: Alex Wilson, Nathan Denton & Reid Bassinger - Lee & Associates
  • Asset Type: Industrial Land
  • Acres: 14

Alex Wilson, Nathan Denton & Reid Bassinger from Lee & Associates represented Lovett Industrial in this transaction.

Players

Nathan Denton

Lee & Associates

Broker

14 deals

Broker
LI
Lovett IndustrialBuyer

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