Industrial Outdoor Ventures Acquires 8.5 Acres Industrial Property In Dallas From Univar
3636 Dan Morton Drive, Dallas, TX, USA
Building Size
57,418 SF
Asset Type
Industrial
Closing
Nov 16, 2021
AI
Industrial Outdoor Ventures has acquired an industrial property located at 3636 Dan Morton Drive in Dallas. The property spans 8.5 acres and has a total square footage of 57,418. The transaction took place on November 16, 2021, with Univar serving as the seller. The property is situated in the bustling Dallas market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: N/A
- Acres: 8.5
- Square Footage: 57,418
- Date: November 16, 2021
- Address: 3636 Dan Morton Drive
- Market: Dallas
The buyer was represented by Craig Jones & Caleb McCoy from JLL. They facilitated the acquisition on behalf of Industrial Outdoor Ventures. On the other side of the deal, Univar acted as the seller.
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