James Campbell Co Acquires Industrial Property In Denton From Scannell Properties
900 Western Blvd, Denton, TX, USA
Building Size
525,332 SF
Asset Type
Industrial
Closing
Sep 28, 2021
AI
An industrial property located at 900 & 920 South Western Blvd in Denton has been sold. The property spans a total area of 525,332 square feet. The transaction took place on September 28, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
The buyer of the property is James Campbell Co, while the seller is Scannell Properties. The deal was facilitated by Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE.
Players
Denton 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