Davidson Bogel Real Estate Leases Industrial Space To Xtra Lease In Dallas
2929 Carlisle Street, Suite 250
Building Size
9,559 SF
Asset Type
Industrial
Closing
Mar 1, 2024
AI
An industrial property spanning 9,559 square feet located at 5956 W. Jefferson Blvd. in Dallas was leased to Xtra Lease. The property, part of Ambient Capital Partners' portfolio, features 7.6 acres of industrial outdoor storage along with the shop space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Applicable
- Address: 5956 W. Jefferson Blvd.
- Market: Dallas
- Tenant: Xtra Lease
- Landlord: Ambient Capital Partners
- Landlord's Rep: Martin Grossman & David Guinn - Davidson Bogel Real Estate
- Tenant's Rep: Chris Wong - Bradford Commercial Real Estate Services
Davidson Bogel Real Estate successfully brokered the deal, representing Ambient Capital Partners in leasing the industrial space to Xtra Lease. The transaction, facilitated by Chris Wong from Bradford Commercial Real Estate Services, secured a new tenant for the property, expanding Xtra Lease's presence in the market.
Players
Street 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