Updated Oct 28, 2024
Baik Brands Leases 104,000 SF Industrial Space In Dallas With Tenant's Rep Jeremy Mercer & John Roper
10017 Technology Boulevard, Dallas, Texas 75220, United States
Building Size
104,000 SF
Asset Type
Industrial
Closing
Jun 7, 2022
About this deal
AI
An industrial property with an area of 104,000 square feet located at 10017 Technology Boulevard in Dallas has been leased. The transaction took place on June 8, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: June 8, 2022
- Address: 10017 Technology Boulevard, Dallas
- Market: Dallas
- Tenant: Baik Brands
- Landlord: Rosebriar Properties
- Landlord's Representative: Robert Adams - Rosebriar Properties
- Tenant's Representatives: Jeremy Mercer - Mercer Co.; John Roper - CBRE
The lease agreement for the industrial property at 10017 Technology Boulevard in Dallas was facilitated by Robert Adams from Rosebriar Properties, representing the landlord, and Jeremy Mercer from Mercer Co. and John Roper from CBRE, representing Baik Brands, the tenant.
Players
Dallas 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