Finial Group Facilitates Sale Of Industrial Building In Garland, Texas To Cenote Investment Group
4309 Action St Garland, TX 75042, USA
Building Size
7,692 SF
Asset Type
Industrial
Closing
May 26, 2023
AI
The Finial Group facilitated the sale of a 7,692-square-foot industrial building located at 4309 Action St, Garland, TX 75042, USA. The property, which includes 1,500 square feet of office space, was sold to Cenote Investment Group. The transaction was brokered by Jason Gibbons, a representative from Finial Group.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $0.0
- Address: 4309 Action St, Garland, TX 75042, USA
- Total Square Footage: 7,692 sq ft
- Office Space: 1,500 sq ft
- Buyer: Cenote Investment Group
- Seller: Not mentioned
- Brokers: Jason Gibbons
This transaction represents a successful sale of an industrial building in Garland, Texas. The property features a total of 7,692 square feet, including 1,500 square feet dedicated to office space. The deal was facilitated by Jason Gibbons from Finial Group, providing expert brokerage services to bring together the buyer, Cenote Investment Group, and the undisclosed seller. Additional details about the transaction are not available.
Players
Garland 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