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
Grand Prairie 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