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400 Harry Mc Killop Boulevard

Outrigger Industrial And Longpoint Realty Partners Sell 304576 Square Foot Industrial Property In McKinney
SOLDIndustrial

Outrigger Industrial And Longpoint Realty Partners Sell 304576 Square Foot Industrial Property In McKinney

400 Harry Mc Killop Boulevard

Building Size

304,576 SF

Asset Type

Industrial

Closing

Nov 7, 2025

AI

The transaction involved the sale of a fully leased industrial property located at 400 Harry Mc Killop Boulevard in McKinney, Texas. The asset, known as the M-75 Commerce Center, encompasses a total square footage of 304,576 and features 36-foot clear heights, a cross-dock layout, and climate-controlled space. The property was completed in 2024.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Undisclosed
  • Square Footage: 304,576
  • Address: 400 Harry Mc Killop Boulevard
  • Market: McKinney
  • Seller: Michael Podboy - Outrigger Industrial
  • Seller: Dwight Angelini - Longpoint Realty Partners

Outrigger Industrial and Longpoint Realty Partners were the sellers in this transaction. The specific details regarding the buyer and the sale price remain undisclosed.

Players

Dwight Angelini

Longpoint Realty Partners

Seller

$1.1B

vol

27 deals

Seller
Longpoint Realty Partners
Longpoint Realty PartnersSeller

McKinney 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