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602 Fountain Parkway, Grand...

Westmount Realty Capital Sells Industrial Asset In Grand Prairie, TX For $301,399, Represented By Lee & Associates
SOLDIndustrial

Westmount Realty Capital Sells Industrial Asset In Grand Prairie, TX For $301,399, Represented By Lee & Associates

602 Fountain Parkway, Grand Prairie, TX 75050, USA

Building Size

301,399 SF

Asset Type

Industrial

Closing

Aug 26, 2021

AI

Westmount Realty Capital has successfully sold an industrial property located at 602 Fountain Pkwy in Grand Prairie. The property, spanning across 301,399 square feet, was recently transacted on August 26, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 602 Fountain Pkwy, Grand Prairie
  • Market: Grand Prairie
  • Image: Adam Graham, Clifford A. Booth & Reed Parker

The sale of this industrial asset was facilitated by Reed Parker and Adam Graham from Lee & Associates, acting as the brokers for the seller, Westmount Realty Capital. Congratulations to all parties involved in this transaction.

Players

Adam Graham

Lee & Associates

Broker

24 deals

Broker
Westmount Realty Capital
Westmount Realty CapitalBrokerage

Grand Prairie 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