Marcus & Millichap Brokers Sell Industrial Property In Dallas, TX
2481 Manana Drive, Dallas, Texas 75220, United States
Building Size
74 SF
Asset Type
Industrial
Closing
Nov 14, 2022
AI
An industrial property located at 2481 Manana Drive in Dallas, TX has been sold. The property, spanning approximately 74,550 square feet, sits on a 5.72-acre plot of land. The transaction took place on November 14, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Dallas, TX
- Address: 2481 Manana Drive
- Size: 74,550 square feet
- Land Size: 5.72 acres
The sale of this industrial property was facilitated by Marcus & Millichap, with Adam Abushagur, Tyler Ranft, Ron Hebert, and Joseph Jaques as the brokers involved in the deal.
Players
Dallas 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