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9850 Commerce Way

Peco Fasteners Leases 88300 Square Feet Industrial Space At 9850 Commerce Way Douglasville GA
LEASEDIndustrial

Peco Fasteners Leases 88300 Square Feet Industrial Space At 9850 Commerce Way Douglasville GA

9850 Commerce Way

Building Size

88,300 SF

Asset Type

Industrial

Closing

Apr 2, 2025

AI

The property involved in this transaction is an industrial asset located at 9850 Commerce Way in Douglasville, GA. The total square footage of the property is 88,300, and the lease deal is valued at $10.7 million.

Summary of transaction details:

This lease transaction was facilitated by Lee & Associates, representing the landlord EastGroup Properties through brokers Joseph Mullican and Lee Steed, who are part of the Atlanta office of the agency.

Players

Joseph Mullican

Lee & Associates

Broker

1 deal

Broker
EastGroup Properties
EastGroup PropertiesLandlord

Douglasville 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