Updated Oct 29, 2024
CBRE Represents Freedom Forever Texas In Grand Prairie Industrial Lease
1330 Post & Paddock St, Grand Prairie, Tx 75050, Usa
Building Size
195,200 SF
Asset Type
Industrial
Closing
Jul 22, 2020
About this deal
AI
The industrial property located at 1330 Post N Paddock Street in Grand Prairie, Texas has been leased. The property spans across 19,520 square feet. The tenant of the property is Freedom Forever Texas, while the landlord is Columbia Texas Pp Industrial.
Summary of transation details
- Property Type: Industrial
- Tenant: Freedom Forever Texas
- Landlord: Columbia Texas Pp Industrial
- Square Footage: 19,520
In representing the tenant, Brian Gilchrist from CBRE was involved in the lease transaction. On the other hand, Gil Stroube from Lincoln Property Company represented the landlord.
On the Map
Industrial
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Players
Grand Prairie 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