CCG Valwood Acquires Warehouse In Carrollton, TX From Unknown Seller
1208 Tappan Cir, Carrollton, TX, 75006
Building Size
22,506 SF
Asset Type
Warehouse
Closing
Nov 22, 2023
About this deal
AI
The warehouse at 1208 Tappan Circle in Carrollton, Texas, spanning 22,506 square feet, has been acquired by CCG Valwood, a Dallas-based investment firm. Situated in a strategic location with easy access to Interstates 635 and 35 East as well as the George Bush Turnpike, the property was 60 percent leased at the time of sale. The transaction was facilitated by Richmond Collinsworth of Bradford Commercial representing the buyer, and Scott Gregory of Caddo Holdings representing the seller.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: Not Provided
- Address: 1208 Tappan Circle, Carrollton, TX, 75006
- Market: Carrollton
- Buyer: CCG Valwood
- Seller: Unknown
- SF: 22,506
- Buyer's Rep: Richmond Collinsworth (Bradford Commercial Real Estate Services)
- Seller's Rep: Scott Gregory (Caddo Holdings)
CCG Valwood's acquisition of the warehouse at 1208 Tappan Circle in Carrollton was navigated by Richmond Collinsworth from Bradford Commercial Real Estate Services representing the buyer, and Scott Gregory from Caddo Holdings representing the seller in this strategic transaction.
Players
Carrollton Warehouse Market Snapshot
Boundary boundary · Warehouse · 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