Dalfen Industrial Acquires 169,700 SF Industrial Property In Irving, TX
2040 Century Center Boulevard, Irving, TX 75062
Building Size
169,700 SF
Asset Type
Industrial
Closing
Nov 22, 2021
AI
The industrial property located at 2040 Century Center Blvd in Irving, TX has been sold. The property, with a total area of 169,700 square feet, was part of a closed transaction on November 22, 2021. The buyer of the property is Dalfen Industrial, represented by John Lettieri and Sean Dalfen.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2040 Century Center Blvd
- Market: Irving, TX
- Square Feet: 169,700
John Lettieri and Sean Dalfen, representing Dalfen Industrial, were instrumental in the successful acquisition of the property. Their expertise and negotiation skills played a key role in closing the deal.
Players
Irving 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