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
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