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10451 Brockwood Road

Updated Dec 4, 2024

Digi Security Systems Leases Industrial Space At 10451 Brockwood Road, Dallas
LEASEDIndustrial

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

About this deal

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:

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.

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Industrial

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Players

Josh Barnes

Holt Lunsford Commercial

Broker

12 deals

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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

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