Steve Azar & Patrick Hackett Acquire 10,000 SF Industrial Property On West Jefferson Blvd In Dallas
5956 West Jefferson Boulevard
Building Size
10,000 SF
Asset Type
Industrial
Closing
Apr 12, 2023
AI
5956 West Jefferson Boulevard in Dallas has been sold in a closed transaction. The property is an infill warehouse with a total square footage of 10,000, situated on 7.79 acres of improved land.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 04/12/2023
- Address: 5956 West Jefferson Boulevard
- Market: Dallas
- Square Footage: 10,000
Steve Azar and Patrick Hackett have purchased the property from Sam Cheema. The deal was facilitated by brokers David Guinn and Grant Lake, representing the buyer and seller respectively. The transaction was handled by Davidson Bogel Real Estate.
Players
Market 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