Mattu Enterprises Acquires 11,800 SF Industrial Property On Sovereign Row In Dallas
9101 Sovereign Row, Dallas, TX 75247, USA
Building Size
118,000 SF
Asset Type
Industrial
Closing
Sep 23, 2020
AI
An industrial property located at 9101 Sovereign Row in Dallas has been sold in a transaction. The property spans approximately 11,800 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 9101 Sovereign Row, Dallas
- Market: Dallas
The seller of the property is Hart-Willis Companies of Texas, while the buyer is Mattu Enterprises. Representing the seller in this transaction is Dan Spika from Henry S. Miller Brokerage, and Stephen Williamson from Lee & Associates represents the buyer.
Players
Dallas 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