SportzBlitz LLC Leases 27000 SF Industrial Space At 1000 Spinks Road In Lewisville
1000 Spinks Road
Building Size
27,000 SF
Asset Type
Industrial
Closing
Apr 25, 2025
AI
The property asset involved in this transaction is a newly built industrial flex building located at 1000 Spinks Road in Lewisville. It encompasses a total area of 27,000 square feet and is classified as Industrial.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1000 Spinks Road
- Market: Lewisville
- Landlord: Leila Real Estate LLC
- Tenant: SportzBlitz LLC
- Landlord's Representative: Adam Curran & Harrison Davis - Holt Lunsford Commercial
- Tenant's Representative: Tomas Wilson - Lee & Associates
SportzBlitz LLC has signed a lease agreement for the aforementioned property. The deal involves representation from Holt Lunsford Commercial for the landlord and Lee & Associates for the tenant, highlighting the active participation of both brokerage firms in facilitating the lease transaction.
Players
Flower Mound 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