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1201 Avenue S

Brightmore Brands Leases 50,099 Square Feet Of Industrial Space At 1201 Avenue S In Grand Prairie
LEASEDIndustrial

Brightmore Brands Leases 50,099 Square Feet Of Industrial Space At 1201 Avenue S In Grand Prairie

1201 Avenue S

Building Size

50,099 SF

Asset Type

Industrial

Closing

May 28, 2026

AI

The property asset involved in this transaction is an industrial space located at 1201 Avenue S in Grand Prairie, TX. It encompasses a size of 50,099 square feet and caters to the industrial market sector.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 1201 Avenue S
  • Market: Grand Prairie, TX
  • Tenant: Brightmore Brands
  • Landlord's Representative: CBRE
  • Tenant's Representatives: Parker LanCarte & Mark Boone - LanCarte Commercial; Chris Routledge - Westbrook Real Estate

This lease was arranged for tenant Brightmore Brands, signifying an expansion of its operational footprint in the Dallas–Fort Worth market. The transaction involved representation by Parker LanCarte and Mark Boone from LanCarte Commercial, alongside Chris Routledge from Westbrook Real Estate. The landlord was represented by CBRE Group.

Players

Mark Boone

LanCarte Commercial Real Estate

Broker

6 deals

Broker
CBRE
CBREBrokerage
Brightmore Brands
Brightmore BrandsBuyer

Bacliff 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