Updated Dec 4, 2024
SOLDIndustrial
Ledison Lighting Acquires Industrial Property At 4710 West Ledbetter Drive From Al Awad
4710 West Ledbetter Drive
Building Size
60,997 SF
Asset Type
Industrial
Closing
Sep 4, 2024
About this deal
AI
The property involved in this transaction is an industrial asset located at 4710 West Ledbetter Drive in Dallas. It encompasses an area of 60,997 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 4710 West Ledbetter Drive
- Market: Dallas
- Buyer: Ledison Lighting
- Seller: Al Awad
- Brokers: David Guinn & Martin Grossman - Davidson Bogel Real Estate
The deal was facilitated by David Guinn and Martin Grossman, who represented the buyer and seller in this transaction, respectively.
On the Map
Industrial
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Players
Dallas 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