Joe Hardy Of Hardy World, LLC & Silver Creek Leases 79,420 Square Feet To Ship Daddy In Surprise
13550 North Dysart Road
Building Size
79,420 SF
Asset Type
Industrial
Closing
Jul 28, 2026
AI
The property asset involved is an industrial space located at 13550 North Dysart Road in Surprise, AZ, encompassing 79,420 square feet. This asset is part of a larger 150,615-square-foot industrial property known as Level Crossing 3 and is strategically positioned to cater to modern logistics demands with regional transportation access.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 13550 North Dysart Road
- Market: Surprise, AZ
- Landlord: Joe Hardy - Hardy World, LLC & Silver Creek
- Tenant: Ship Daddy
- Broker: Brian Gleason - Colliers
Brian Gleason of Colliers represented the landlord in the lease transaction with Ship Daddy, which is expanding its omnichannel fulfillment operations for direct-to-consumer e-commerce brands. The lease highlights the increasing demand for modern facilities designed for high-volume industrial use.
Players
Traer Industrial Market Snapshot
Boundary boundary · Industrial · Lease 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