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3801 Arapaho Rd Addison, Tx...

Georgia Underground & Supply Acquires Industrial Property In Dallas From JP Oil Holdings
SOLDIndustrial

Georgia Underground & Supply Acquires Industrial Property In Dallas From JP Oil Holdings

3801 Arapaho Rd Addison, Tx 75001, Usa

Building Size

74,031 SF

Asset Type

Industrial

Closing

May 27, 2023

AI

The industrial property located at 3801 Arapaho in Dallas has been sold. The property spans approximately 74,031 square feet.

Summary of transaction details

The buyer's representative in this transaction is Jeremy Mercer and Keenan Cook from Mercer Company, while the seller's representative is Mac Morse and Paul Clarkson from Citadel Partners.

Players

Jeremy Mercer

Mercer Company

Broker

8 deals

Broker

Texas 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