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3595 Roy Orr Boulevard

J & E Companies Acquires 21,000 SF Industrial Building From Firefly Metals In Grand Prairie
SOLDIndustrial

J & E Companies Acquires 21,000 SF Industrial Building From Firefly Metals In Grand Prairie

3595 Roy Orr Boulevard

Building Size

21,000 SF

Asset Type

Industrial

Closing

Feb 7, 2025

AI

The property asset involved in the transaction is a 21,000 square foot tilt wall building located at 3595 Roy Orr Boulevard in Grand Prairie. Constructed in 2018, the building is situated on approximately 2.1 acres of usable land. The sale of the property was conducted off market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 3595 Roy Orr Boulevard
  • Market: Grand Prairie
  • Asset Size: 21,000 SF
  • Buyer: J & E Companies
  • Seller: Firefly Metals
  • Brokers: David Guinn & David Davidson - Davidson Bogel Real Estate

David Guinn and David Davidson from Davidson Bogel Real Estate represented the transaction between the buyer, J & E Companies, and the seller, Firefly Metals. The property spans 2.1 acres and contains modern amenities reflecting its 2018 construction date.

Players

David Guinn

Davidson Bogel Real Estate

Broker

21 deals

Broker

Grand Prairie 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