Zack Markwell Of Stonemont Financial Group Acquires Industrial Facility In Dallas For 224060 SF
3912 West Illinois Avenue
Building Size
224,060 SF
Asset Type
Industrial
Closing
Aug 7, 2025
AI
Stonemont Financial Group acquired an industrial service facility located at 3912–4012 W. Illinois Ave. in Dallas. The asset spans 224,060 square feet and is situated on 24.8 acres, fully leased through 2027. It includes over 9 acres of stabilized outdoor storage.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 224,060
- Address: 3912-4012 West Illinois Avenue
- Market: Dallas
- Acres: 24.8
- Buyer: Zack Markwell
- Buyer's Company: Stonemont Financial Group
The acquisition expands Stonemont’s ISF portfolio to a total of 2.2 million square feet across 850 acres nationwide. Zack Markwell represented Stonemont Financial Group in this transaction.
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