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2005 Industrial Boulevard

PlaceMKR Acquires 10-Building Industrial Park In Rockwall For 325300 Square Feet
SOLDIndustrial

PlaceMKR Acquires 10-Building Industrial Park In Rockwall For 325300 Square Feet

2005 Industrial Boulevard

Building Size

325,300 SF

Asset Type

Industrial

Closing

Nov 21, 2025

AI

A 10-building industrial park, encompassing 325,300 square feet, has been successfully sold located at 2005 & 2020 Industrial Boulevard in Rockwall. The property spans 21 acres and was constructed between 1976 and 1997.

Summary of transaction details:

Marcus & Millichap facilitated the transaction, representing the local family partnership that sold the property, while securing PlaceMKR as the buyer for the industrial park.

Players

Adam Abushagur

Marcus & Millichap

Broker

$97.3M

vol

44 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Rockwall 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