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4309 Action St Garland, TX ...

Finial Group Facilitates Sale Of Industrial Building In Garland, Texas To Cenote Investment Group
SOLDIndustrial

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

Jason Gibbons

Finial Group

Broker

12 deals

Broker

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