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420 Dawson Branch Road

Mobix Fulfillment Signs 342000 Square Foot Lease At Coastal Crossroads Industrial Park In Summerville
LEASEDIndustrial

Mobix Fulfillment Signs 342000 Square Foot Lease At Coastal Crossroads Industrial Park In Summerville

420 Dawson Branch Road

Building Size

342,000 SF

Asset Type

Industrial

Closing

Feb 18, 2026

AI

The lease transaction involves an industrial asset located at 420 Dawson Branch Road in Summerville, SC, with a total square footage of 342,000. This property is part of the Coastal Crossroads Industrial Park. The market for this asset is primarily industrial, reflecting the needs of modern fulfillment and logistics operations.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 420 Dawson Branch Road
  • Market: Summerville, SC
  • Square Footage: 342,000
  • Landlord: Citimark Pure Charleston
  • Tenant: Mobix Fulfillment
  • Landlord's Representative: Bob Barrineau, Brendan Redeyoff & Tim Raber - CBRE
  • Tenant's Representative: Ryan Young - Cushman & Wakefield

The transaction was notable as it marks the first lease finalized in the new industrial development of Coastal Crossroads Industrial Park, indicating a significant milestone for both the landlord and the tenant involved in this deal.

Players

Bob Barrineau

CBRE

Broker

2 deals

Broker

Summerville 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