facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

3942 Irving BLVD, Dallas, T...

ML Realty Partners Acquires Property At 3942 Irving Blvd Dallas With Seller's Brokers Jeff Turner Jeremy Mercer
SOLDIndustrial

ML Realty Partners Acquires Property At 3942 Irving Blvd Dallas With Seller's Brokers Jeff Turner Jeremy Mercer

3942 Irving BLVD, Dallas, TX, 75247

Building Size

56,520 SF

Asset Type

Industrial

Closing

Nov 20, 2023

AI

ML Realty Partners has acquired an industrial building located at 3942 Irving Blvd, Dallas, TX 75247. The property encompasses 56,520 square feet and is situated in the Dallas market. Built in 1968 and renovated in 2000, it features clear heights ranging from 20 to 24 feet.

Summary of transaction details:

Jeremy Mercer and Jeff Turner of Mercer Company represented the seller in this transaction and will also handle the leasing of the building on behalf of ML Realty Partners.

Players

Jeremy Mercer

Mercer Company

Broker

8 deals

Broker
ML Realty Partners
ML Realty PartnersBuyer

Dallas 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