Stream Capital Partners Acquires Industrial Property In Dallas & San Antonio With Chelsea Mandel
3551 Dan Morton Drive, Dallas, TX, USA
Building Size
505,719 SF
Asset Type
Industrial
Closing
Jan 10, 2021
AI
3551 Dan Morton Drive and 2001 S. Laredo Street, two industrial properties totaling 187,000 square feet, have been sold in a transaction handled by Chelsea Mandel of Stream Capital Partners. The properties are located in Dallas and San Antonio.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Date: January 11, 2021
- Address: 3551 Dan Morton Drive & 2001 S. Laredo Street
- Market: Dallas & San Antonio
- Broker: Chelsea Mandel - Stream Capital Partners
The sale of these industrial properties was finalized on January 11, 2021. Chelsea Mandel from Stream Capital Partners represented the parties involved in the transaction.
Players
Dallas 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