Updated Oct 29, 2024
Corvette Warehouse Leases Industrial Space In Northwest Dallas
2158 W Northwest Hwy #400, Dallas, Tx 75220, Usa
Building Size
196,390 SF
Asset Type
Industrial
Closing
Jun 2, 1920
About this deal
AI
The industrial property located at 2158 W. Northwest Highway, Ste 400 in Northwest Dallas has been leased. The property spans a total of 19,639 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 06/03/2020
- City: Dallas
- Tenant: Corvette Warehouse – Douglas Ernest
- Landlord: AREPIII AP NW Crossing LLC
- Broker: Bradford Commercial Real Estate Services – Jason Finch & Brian Pafford
- Market: Northwest Dallas
The lease deal was facilitated by Jason Finch and Brian Pafford from Bradford Commercial Real Estate Services. They represented Corvette Warehouse and Douglas Ernest in this transaction.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Lease 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