Updated Oct 28, 2024
Bridge Logistics Properties Acquires Industrial Property In Grand Prairie From Seller's Rep Kurt Griffin & Nathan Orbin
804 West Shady Grove Road, Grand Prairie, Texas 75050, United States
Building Size
203,430 SF
Asset Type
Industrial
Closing
Oct 2, 2022
About this deal
AI
The industrial property located at 804 W. Shady Grove Road in Grand Prairie has been sold. The transaction took place on 10/03/2022 and was facilitated by Kurt Griffin & Nathan Orbin of Cushman & Wakefield.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Grand Prairie
- Acres: 12
- Square Footage: 203,430
Bridge Logistics Properties, represented by Connor Tamlyn, purchased the industrial property.
Traded’s record for 804 West Shady Grove Road, Grand Prairie, Texas 75050, United States in Grand Prairie, Texas covers a industrial sale from 2022. The building is 203,430 square feet, implying about 0 per square foot on the published price. Cushman & Wakefield appears on the sale alongside Cushman & Wakefield. This page is the Grand Prairie, Texas file for the 804 West Shady Grove Road, Grand Prairie, Texas 75050, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Grand Prairie sit in the Market section below. Filter that Grand Prairie industrial set by closing date to see what else sold near 804 West Shady Grove Road, Grand Prairie, Texas 75050, United States around 2022. Cite this Bridge Logistics Properties Acquires Industrial Property In Grand Prairie From Seller's Rep Kurt Griffin & Nathan Orbin sale when underwriting similar industrial product around Grand Prairie, Texas.
Players
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