Updated Dec 19, 2023
Lexington Realty Trust Acquires Industrial Property In Lancaster
3201 North Houston School Road, Lancaster, TX, USA
Building Size
468,300 SF
Asset Type
Industrial
Closing
Jan 12, 2021
About this deal
AI
An industrial property located at 3201 N. Houston School Road in Lancaster has been sold. The transaction took place on January 13, 2021. The property is situated in the industrial market of Lancaster.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
The buyer of the property is Lexington Realty Trust, represented by T. Wilson Eglin.
Traded’s record for 3201 North Houston School Road, Lancaster, TX, USA in Lancaster, Texas covers a industrial sale from 2021. The building is 468,300 square feet, implying about 0 per square foot on the published price. This page is the Lancaster, Texas file for the 3201 North Houston School Road, Lancaster, TX, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Lancaster sit in the Market section below. Filter that Lancaster industrial set by closing date to see what else sold near 3201 North Houston School Road, Lancaster, TX, USA around 2021. Cite this Lexington Realty Trust Acquires Industrial Property In Lancaster sale when underwriting similar industrial product around Lancaster, Texas.
Players
Lancaster 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