Updated Sep 29, 2026
Evergreen Forest Products Leases 22,000 Square Feet At 103 Industrial Street In Lancaster Texas
103 Industrial Street
Building Size
22,000 SF
Asset Type
Industrial
Closing
Sep 11, 2026
About this deal
AI
The property asset involved in this transaction is an industrial space located at 103 Industrial Street in Lancaster, Texas. It encompasses a total square footage of 22,000. The landlord is 103 Industrial Street Property, LLC, and the tenant is Evergreen Forest Products.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 103 Industrial Street
- Market: Lancaster, TX
- Landlord: 103 Industrial Street Property, LLC
- Tenant: Evergreen Forest Products
- Landlord's Representative: Kyleb Howell & Cole Brewton - Mercer Company
- Tenant's Representative: Jarrett Huge, Alex Wilson & Nathan Denton - Lee & Associates
This transaction involved key representatives from both the landlord and tenant sides. Kyleb Howell and Cole Brewton from Mercer Company represented the landlord, while Jarrett Huge, Alex Wilson, and Nathan Denton from Lee & Associates represented the tenant, Evergreen Forest Products.
On the Map
Industrial
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Players
Lancaster 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