Updated Dec 4, 2024
Lee & Associates Brokers Sale Of 27.1K SF Industrial Building In Garland
2025 Wall Street
Building Size
27,161 SF
Asset Type
Industrial
Closing
Feb 5, 2024
About this deal
AI
A 27,161-square-foot industrial building in Garland, northeastern Dallas, located at 2025 Wall Street has been sold. The undisclosed seller was represented by Brett Lewis and Taylor Stell of Lee & Associates. The buyer has chosen to remain unidentified.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2025 Wall Street
- Market: Garland
- Size: 27,161 square feet
- Acres: 1.4
Brett Lewis and Taylor Stell, brokers from Lee & Associates, acted as representatives for the undisclosed seller in the deal. No further information about the transaction was provided.
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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