SOLDIndustrial
Bendetti Acquires Industrial Property On Irving Boulevard In Dallas For $Undisclosed
3200 Irving Boulevard
Building Size
250,000 SF
Asset Type
Industrial
Closing
May 21, 2024
AI
The industrial property located at 3200 Irving Boulevard in Dallas, with a size of 250,000 square feet, was recently involved in a sale transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Buyer: Bendetti
- Seller: M2G Ventures
- Brokers: Dustin Volz, Stephen Bailey, Dom Espinosa, Zach Riebe, Travis McEldowney & Caroline Wilson - Newmark
The deal was facilitated by a team from Newmark, consisting of Dustin Volz, Stephen Bailey, Dom Espinosa, Zach Riebe, Travis McEldowney, and Caroline Wilson, representing the buyer and seller in the transaction.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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