Updated Dec 4, 2024
Stonelake Capital Partners Acquires 50,566 SF Industrial Building In Grand Prairie
1922 N Great Southwest Pkwy
Building Size
50,566 SF
Asset Type
Industrial
Closing
Dec 1, 2023
About this deal
AI
A 50,566-square-foot industrial building in Grand Prairie has been sold to Texas-based investment firm Stonelake Capital Partners. The single-tenant property features 18-foot clear heights and 16 exterior dock doors.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Square Footage: 50,566
- Address: 1922 North Great Southwest Parkway
- Market: Grand Prairie
Colton Rhodes of Lee & Associates represented Stonelake Capital Partners as the buyer in this transaction.
Note: Lee & Associates brokered the sale of this property.
Traded’s record for 1922 N Great Southwest Pkwy in Grand Prairie, Texas covers a industrial sale from 2023. The building is 50,566 square feet, implying about 0 per square foot on the published price. Colton Rhodes, Kenneth E. Aboussie, Jr., Lee & Associates appear on the sale alongside Lee & Associates. This page is the Grand Prairie, Texas file for the 1922 N Great Southwest Pkwy industrial sold: pricing, party profiles, and other closed industrial comps from the same Grand Prairie sit in the Market section below. Filter that Grand Prairie industrial set by closing date to see what else sold near 1922 N Great Southwest Pkwy around 2023. Cite this Stonelake Capital Partners Acquires 50,566 SF Industrial Building In Grand Prairie sale when underwriting similar industrial product around Grand Prairie, Texas.
Players
Grand Prairie Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Grand Prairie industrial sales on Traded.
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