Digi Security Systems Leases Industrial Space At 10451 Brockwood Road, Dallas
10451 Brockwood Road
Building Size
10,143 SF
Asset Type
Industrial
Closing
May 13, 2024
AI
The industrial property located at 10451 Brockwood Road in Dallas spans 58,758 square feet, and the recent lease transaction involved a 10,143-square-foot space. The landlord, Peter Merrigan of Taurus Investment Holdings, finalized the lease with tenant Digi Security Systems.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 10451 Brockwood Road
- Market: Dallas
- Tenant: Digi Security Systems
- Landlord: Peter Merrigan - Taurus Investment Holdings
- Landlord's Representative: Blake Troiani, Josh Barnes & Mitch Cantwell - Holt Lunsford Commercial
- Tenant's Representative: Landon Brune - CBRE
The deal was facilitated by real estate professionals from Holt Lunsford Commercial and CBRE. The landlord's representatives, including Josh Barnes, Blake Troiani, and Mitch Cantwell, worked on behalf of Taurus Investment Holdings, while Landon Brune from CBRE represented Digi Security Systems in the lease agreement.
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