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8400 Sovereign Row

US Truck Tires Acquires Industrial Property In Brookhollow, Dallas
SOLDIndustrial

US Truck Tires Acquires Industrial Property In Brookhollow, Dallas

8400 Sovereign Row

Building Size

25,875 SF

Asset Type

Industrial

Closing

Jul 29, 2022

AI

An industrial property located at 8400 Sovereign Row in Brookhollow, Dallas has been sold. The property spans an area of 25,875 square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not available
  • Address: 8400 Sovereign Row, Brookhollow, Dallas
  • Market: Brookhollow, Dallas
  • Buyer: US Truck Tires, LLC
  • Seller: CF Kent
  • Buyer's Representative: Lena Pierce & Ryan Boozer - Stream Realty Partners
  • Seller's Representative: Colin Penny & Allyson Yost - Colliers International

The buyer of the industrial property is US Truck Tires, LLC. They were represented by Lena Pierce and Ryan Boozer from Stream Realty Partners. The seller, CF Kent, was represented by Colin Penny and Allyson Yost from Colliers International.

Players

Lena Pierce

Stream Realty Partners⁠

Broker

8 deals

Broker

Dallas 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