359 Sunbelt Street | Dallas, TX 75212
Location: Dallas, Texas; suburban submarket
Product type: distribution industrial, built 2018; class A
Built in 2018; no major renovation since construction
4 tenants across 310,000 square feet, weighted lease term 6.9 years
Submarket: suburban Dallas; commuter suburb with new-household growth above the metro average
Projected 11.1% levered IRR and a 1.76x equity multiple over a 6-year hold
| Offered at a 5.25% cap rate on in-place net operating income | Purchase CAP Rate |
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