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
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