Updated Oct 29, 2024
CanTex Capital Acquires Industrial Property On Oakland Street In Garland
2917 Oakland Avenue, Garland, TX, USA
Building Size
123,800 SF
Asset Type
Industrial
Closing
Jan 27, 2021
About this deal
AI
The industrial property located at 2917 Oakland Street in Garland has been sold. The property spans across 123,800 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 2917 Oakland Street
- Market: Garland
- Seller: Carroll Company
- Buyer: CanTex Capital
The seller was represented by Hal Penchan and Matt Troutt from Alt+Co, while the buyer was represented by Adam Jones and James Mantzuranis from Stream Realty Partners.
Traded’s record for 2917 Oakland Avenue, Garland, TX, USA in Garland, Texas covers a industrial sale from 2021. The building is 123,800 square feet, implying about 0 per square foot on the published price. Matt Troutt, Hal Penchan, Adam Jones, James Mantzuranis appear on the sale alongside Stream Realty Partners. This page is the Garland, Texas file for the 2917 Oakland Avenue, Garland, TX, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Garland sit in the Market section below. Filter that Garland industrial set by closing date to see what else sold near 2917 Oakland Avenue, Garland, TX, USA around 2021. Cite this CanTex Capital Acquires Industrial Property On Oakland Street In Garland sale when underwriting similar industrial product around Garland, Texas.
Players
Garland 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