David Guinn Of Davidson Bogel Real Estate Purchases 46000 Square Foot Industrial Property In Dallas
4700 Singleton Boulevard
Building Size
46,000 SF
Asset Type
Industrial
Closing
Oct 8, 2025
AI
The asset involved in this transaction is a 46,000-square-foot industrial warehouse located at 4700 Singleton Boulevard in Dallas. The property is fully leased to Nucor Rebar, which is a division of Nucor Corp. The location in West Dallas features outside storage and has demonstrated strong tenant stability, aligning with investor demand for industrial assets with outdoor storage in the competitive Dallas-Fort Worth market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 46,000
- Address: 4700 Singleton Boulevard
- Market: Dallas
- Buyer: David Guinn - Davidson Bogel Real Estate
- Broker: Philip Cherrick - Davidson Bogel Real Estate
Davidson Bogel Real Estate facilitated the sale of this property, indicating their involvement in helping manage the transactions for their clients. The representation by both David Guinn and Philip Cherrick underscores the firm's role in ensuring the successful completion of the transaction.
Players
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