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2725 West Hunter Ferrell Road⁠

Updated Oct 29, 2024

Freight Operations Services, LLC Acquires Industrial Property In Grand Prairie
SOLDIndustrial

Freight Operations Services, LLC Acquires Industrial Property In Grand Prairie

2725 West Hunter Ferrell Road⁠

Building Size

27,000 SF

Asset Type

Industrial

Closing

Aug 17, 2020

About this deal

AI

The industrial property located at 2725 West Hunter Ferrell Road in Grand Prairie has been sold in a recent transaction. The property spans an area of 2,700 square feet.

Summary of transaction details

  • Property Type: Industrial
  • Sale Amount: Not specified
  • Seller: J2K Property Management Investments, Inc.
  • Seller's Representative: Hanes Chatham - Stream Realty Partners
  • Buyer: Freight Operations Services, LLC
  • Buyer's Representative: SLG Commercial

The deal involved the sale of the industrial property by J2K Property Management Investments, Inc. to Freight Operations Services, LLC. The seller was represented by Hanes Chatham from Stream Realty Partners, while the buyer was assisted by SLG Commercial.

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

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