Updated Oct 28, 2024
Property Reserve Inc Acquires Industrial Asset On Telephone Road In Dallas From VanTrust Real Estate
3199 Telephone Road, Dallas, Texas 75241, United States
Building Size
1,008,140 SF
Asset Type
Industrial
Closing
Jul 18, 2022
About this deal
AI
The industrial property located at 3199 Telephone Road in Dallas has been sold in a recent transaction. The sale was completed on 07/19/2022. The property is part of the Dallas market and is classified as an industrial asset.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3199 Telephone Road
- Market: Dallas
Property Reserve Inc has acquired the property from VanTrust Real Estate. The sale was facilitated by Jonathan Bryan, a representative from CBRE.
Traded’s record for 3199 Telephone Road, Dallas, Texas 75241, United States in Dallas, Texas covers a industrial sale from 2022. The building is 1,008,140 square feet, implying about 0 per square foot on the published price. This page is the Dallas, Texas file for the 3199 Telephone Road, Dallas, Texas 75241, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Dallas sit in the Market section below. Filter that Dallas industrial set by closing date to see what else sold near 3199 Telephone Road, Dallas, Texas 75241, United States around 2022. Cite this Property Reserve Inc Acquires Industrial Asset On Telephone Road In Dallas From VanTrust Real Estate sale when underwriting similar industrial product around Dallas, Texas.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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