Cole Horowitz & Jonathan Birnbrey Of Rockbrook Equity Acquire Industrial Property In Denton TX
3910 East Mckinney Street
Building Size
18,500 SF
Asset Type
Industrial
Closing
Jan 6, 2026
AI
The property asset involved in the transaction is located at 3910 East Mckinney Street, Denton, TX. It is an industrial asset consisting of an 18,500 square foot building situated on 3 acres of land. This transaction was executed off-market, indicating a selective purchase process. The property is currently available for lease, enhancing its utility for potential industrial users.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 18,500 SF
- Address: 3910 E Mckinney Street
- Market: Denton
- Buyer: Cole Horowitz & Jonathan Birnbrey - Rockbrook Equity
- Seller: Qlirim Dauti & Fais Lena
- Broker: Chris Wong - Bradford Commercial Real Estate Services
Rockbrook Equity, represented by Cole Horowitz and Jonathan Birnbrey, has successfully acquired the industrial property, showcasing the firm's commitment to expanding its portfolio. The acquisition reflects a strategic move within the industrial market, as the property presents strong functionality and excess land suitable for various industrial applications. Leasing inquiries for the property can be directed to the broker, Chris Wong.
Players
Denton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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