TFS Properties sourced this property for a California Investor as part of a 1031 Exchange looking for high quality, high cash-flowing property with a value-add component. Bought at an 8.4% Cap Rate with a national tenant for $2,497,500.
Chancellor Row is 49,950 sqft. industrial building in the hot area of Dallas.
Manufacturing facility for USA Shade: https://www.usa-shade.com/
Location: Dallas, TX
Purchase Price: $2,497,500
Square Footage: 49,950 SF
Price Per SF: $34.73 / SF
Cap Rate: 8.4%
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