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6651 N Interstate 35, Dento...

Cold Creek Solutions Sells Industrial Property On N Interstate 35 In Denton, TX
SOLDIndustrial

Cold Creek Solutions Sells Industrial Property On N Interstate 35 In Denton, TX

6651 N Interstate 35, Denton, Texas, 76207

Building Size

374,560 SF

Asset Type

Industrial

Closing

Oct 17, 2022

AI

Located at 6651 N Interstate 35, this industrial property in Denton, TX has been recently sold. The property spans approximately 374,560 square feet and sits on an expansive 23-acre lot.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: Not Available
  • Address: 6651 N Interstate 35, Denton, TX
  • Market: Denton, TX
  • Size: 374,560 square feet
  • Acreage: 23 acres

The seller of this property is Cold Creek Solutions. The transaction was facilitated by the team at JLL Capital Markets, represented by brokers Dustin Volz, Stephen Bailey, Dom Espinosa, Wells Waller, and Cole Sutter.

Players

Stephen Bailey

Newmark

Broker

$323.3M

vol

48 deals

Broker

Denton 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