IMedic Transportation LLC Leases 2,576 SF In Irving From PRE DFW Airport LLC
8430 Sterling St, Irving, TX, 75063
Building Size
2,576 SF
Asset Type
Commercial
Closing
Nov 22, 2023
AI
The property at 8430 Sterling St in Irving, TX, 75063, is a commercial asset leased by iMedic Transportation LLC from PRE DFW Airport LLC. The space consists of 2576 square feet and is located in the Irving market.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: Not provided
- Tenant's Rep: Sharece Downey (Monument Realty)
- Tenant: iMedic Transportation LLC
- Landlord: PRE DFW Airport LLC
- Square Feet: 2576
Sharece Downey from Monument Realty served as the tenant's representative in this lease deal. The property was represented by Jason Finch and Michael W. Spain from Bradford Commercial Real Estate Services, who represented the landlord, PRE DFW Airport LLC.
Players
Irving Commercial Market Snapshot
Boundary boundary · Commercial · 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